The Bail Outs According to Lou Dobbs & Co.: "We could have bought health care for every American for $8 Trillion."

"How Is It That Everyone Wants GM and Ford to Come Back with a Plan to how They're Going to spend $25B, but the Federal Reserve & the Treasury Throw $8 Trillion at Wall Street & the Banking Industry & They Don't Even Want to Get a Greeting Card from Them"

Discussion of the Wall Street/Banking Bail Out and the Auto Industry Bail Out and how none of this is helping the average middle class citizen.

Category:

News & Politics

Tags:

• Democrat
• Republican
• Bail
• Out
• Economy
• Housing
• Foreclosure
• Ford
• GM
• Chrysler
• Wall
• Street
• Pork
• Paulson
• Commentary
• Analysis
• Jobs
• Unemployment
• Treasury
• Mortgages

[Relugus]

Workers at the car companies have to accept lower wages as part of the auto bail out.

CEOs at Wall Street get a big handout from the taxpayer with no conditions at all.

The auto-workers are a whole lot cheaper than the fat cat CEOs.

[farmboycarl]

Let's see, you force innocent people who bought houses in an unregulated boom market, to sell their houses in an over-regulated bear market. Then after EVERYONE'S home prices are destroyed, you bail out the banks that loaned people money to buy. Now the people whose credit and savings are destroyed by the above scenario, can't buy new cars, but you blame the quality of the car companies prodicts for a lack of profiability, but bail them out anyway. Have I got it right now? That's a great plan!

[ApocalypticMetalHead]

This is the economic destruction of the US by our elected officials who are in the pockets of the elite. What else explains a handout from very irresponsible people, our congress, of over 8 trillion dollars to the very entities who are more than partially responsible for this situation we have? This makes me sick! Everyone who voted for the wallstreet bailout needs to be throw in jail, the same goes for ones who voted yes to the Iraq war, the event that set this all in motion. Be afraid.