Americans say no to bailouts, even if economy is harmed

[swtrader]

Quote from Voodoo-king:

I don't know if any of this happened by chance or not, but I think its quite neat to see how envy is channeled into the capitalistic mantra on such a grand scale.

how does not wanting to give someone a huge welfare check out of your own pocket mean that you 'envy' the person asking for the welfare?

 

[GermanTrader]

They're going to do whatever they want, they're not asking the payers. Why are payers under the illusion that government listens to the payers?

 

[ron2368]

If they know they need 700 b then I want to see a list of who are the bailout candidates, how much money they need, and specific reasons why they need this done. Besides AIG who needs a bailout????????

 

[swtrader]

Quote from GermanTrader:

They're going to do whatever they want, they're not asking the payers. Why are payers under the illusion that government listens to the payers?

every person opposed to this needs to call their congressman and say 'no bailout'

 

[swtrader]

Quote from ron2368:

If they know they need 700 b then I want to see a list of who are the bailout candidates, how much money they need, and specific reasons why they need this done. Besides AIG who needs a bailout????????

ha ha ha, that is THE question

Paulson should be in prison - this is a looting of the treasury, plain and simple

 

[GermanTrader]

Quote from Cutten:

Looks like Bernanke, Paulson, Frank, Schumer and the other socialists are out of touch with the man in the street. Maybe the USA isn't becoming France after all?

Bernanke lost my vote after, live on CSPAN, he laughed at everyone in America whose primary investment is in their home, saying that such 'typical Americans' deserve to be hurt financially unless they diversify globally. What an asshole. Alot of people break their bodies to pay for their home. He's right up there with Osama, IMO.

 

[Pa(b)st Prime]

Quote from dhpar:

interesting that when the question is differently it is approved by a majority of americans.
also typical that nobody on this forum full of fools points this out.

That's true on MOST issues. No doubt if a pollsters asks: "Do you approve the $700bil taxpayer funded bailout of greedy Wall Street banks?" the answer will be no by 90% of respondents. Yet the question itself is fallacious on many different level.

Like Santelli just this second said if the phrase had been “rescue plan” the results would be much different.

 

[CaptainObvious]

Quote from ron2368:

If they know they need 700 b then I want to see a list of who are the bailout candidates, how much money they need, and specific reasons why they need this done. Besides AIG who needs a bailout????????

Exactly! The reason people are saying no is because of all the smoke and mirrors. Further, I'd want some names of those responsible. Names of top exec's all the way down to the people who approved the NINJA loans. I want those people held accountable. At a minimum all salaries, commissions and bonuses returned. All of their assets liquidated. Criminal prosecution where appropriate.
Yeah, I know, get real, ain't gonna' happen. But if you want to know why the average Joe is saying to fuck yourselves, I'll take my chances...that's why.

 

[Arnie]

Congress will fold............there isn't a pair in the whole room.

 

[theboxer]

Quote from mokwit:

The bailout is is being seen as what it is. Sheer dishonesty.

There may be a case for supporting deposit taking institutions in a fractional reserve banking system but when non depsoit taking institutions i.e. MS and GS convert to banks so that they can get at the $700m bailout trough and then expect the taxpayer to continue to pay their high salaries they have just taken it too far.

It is just sheer rent seeking at the expense of the American taxpayer and the taxpayer sees it for what it is. Let them fail.

The worst part of it is that, despite common sense and the will of the people, the bill will still pass. Those opposed may be able to get some tiny inconsequential concessions added to it, but otherwise it will pass through completely intact, like a giant f--ing kidney stone.