Will The Feds' Plan Work?
Loading...
Loading...
2,644
Link to this comment:
Share to:
Loading...
- 3:00Fla. small business owners size-up GOP fieldby CBS0 views
- 3:01Penn. town blames contaminated water on frackingby CBS0 views
- 2:39Using satellites to fight Somali piracyby CBS0 views
- 2:15Tech giants facing anti-trust poaching chargesby CBS0 views
- 2:17Mass chipping of Americans has begunby GrandChessboard459,905 views
- 8:24"We're Bailing Foreign Banks, Too, With Your $7...by Mannyfrom2,785 views
- 0:30South Park- Bailoutby anvil44039,468 views
- 8:35"We're Afraid You'll Be Afraid If We Say What P...by Mannyfrom5,886 views
- 6:38Why The Universal Federal Bailout Won't Workby soullfire1,526 views
- 8:27Henry Paulson: Bailout The Only Effective Plan ...by Ishoozedotcom5,030 views
- 1:05:37A Conversation with Former Treasury Secretary H...by columbiauniversity1,586 views
- 5:51AUDIT THE FED! - Henry Paulson gets pwned by De...by votepaulkucinich201237,582 views
- 9:19Greenspan Admits The Federal Reserve Is Above ...by Illtype163,441 views
- 7:28John O'Callaghan - The Bailout (Original Mix)by armadamusic21,780 views
- 5:20Paul Krugman on the arrogance of Henry Paulsonby floatingcapital35,896 views
- 2:51Ivan Canas: As predicted George W. Bush has des...by ivancanas6318,371 views
- 2:40Paulson Talks About Mortgage Rescue Planby kcratv2,591 views
- 6:50Bank Bailouts Explainedby malekanoms296,570 views
- 2:06Wall Street reacts to Paulson planby ReutersVideo2,392 views
- 9:32Will Congress Pass Bailout Plan?by CBS1,647 views
(continued) It is not the fault of the citizens. Its the fault of corporations and banks' greed and the abuse of credit solicitation. Everything we see now, we see in terms of monthly payments. Its because we have been brainwashed to integrating it to our every day life. Shoot, our government is any better at handeling finances. LOL. So what is this plan going to do?
iXAcappellaXi 3 years ago
(continued) the wealthy, yes, but what about the middle & low class, small businesses? what about the guys who cannot access loans? The amount is way too much to just help a small niche of individuals. Think about it. Will this program help get back the people who lost their houses in foreclosures? NO! Will this help the individuals going into foreclore? NO! Im insulted by this proposal. Paulson clearly puts the blame on citizens because they took out loans they couldnt pay
iXAcappellaXi 3 years ago
The fault derives from our banks and credit. and because of the abuse of deregulated bank loans and credit system, it has handicapped the nation. The MAIN ISSUE: cash flow. because of all the loans and credit saturation, americans were unable to sustain a positive cash flow, and kept digging themselves into a hole. so $700 billion, im sorry, $6 TRillion IN increased debt will not work. Thirdly, with banks requiring must stricted requirements for loans, who will have access to these loans?
iXAcappellaXi 3 years ago
But banks have the power to loan 9 X $700 billion!!!! thats right 9 times the base amount. They are only required to hold 10% of what they really have. Our government will not be able to keep its head above water. thats $6 trillion that will be lent out in LOANS. Thats $6 TRILLION INCREASE TO ADD TO CITIZENS' DEBTS!So lets speak realistically here. First off, it doesnt take a board of PHD economist to understand that this will do NOTHING to help, but will actually extend the issue.
iXAcappellaXi 3 years ago
Hell no this plan wont work. SINCE WHEN (IN YOUR EXPERIENCE) HAS THE SOLUTION TO FINANCIAL PROBLEMS IS TO INCREASE DEBT?!? People seem to think that this $700 billion is going to be poured into the economy. Of course it is... at a cost. The money is to give to the banks to loan out that must be paid to the Bankers WITH INTEREST by both our government and the tax payer.
iXAcappellaXi 3 years ago