Comments on: Why You Want the Bailout http://www.fanaticattack.com/2008/why-you-want-the-bailout.html Fanatic Attack is about entrancement, entertainment, and an enhancement of curiosity. Tue, 09 Feb 2010 03:15:22 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Janos Schumacher http://www.fanaticattack.com/2008/why-you-want-the-bailout.html/comment-page-1#comment-870 Janos Schumacher Sat, 27 Sep 2008 03:12:18 +0000 http://www.fanaticattack.com/2008/why-you-want-the-bailout.html#comment-870 Paulson/Bernanke/Bush need to calm down. Jumping into nearly a Trillion dollars should not be taken lightly. Perhaps we should discuss it a bit before putting our grandchildren in a little more debt. Should the financial sector collapse, perhaps we could get back into manufacturing like the proper 1st world nation we used to be. Paulson/Bernanke/Bush need to calm down. Jumping into nearly a Trillion dollars should not be taken lightly. Perhaps we should discuss it a bit before putting our grandchildren in a little more debt.

Should the financial sector collapse, perhaps we could get back into manufacturing like the proper 1st world nation we used to be.

]]> By: Linda http://www.fanaticattack.com/2008/why-you-want-the-bailout.html/comment-page-1#comment-869 Linda Fri, 26 Sep 2008 18:01:05 +0000 http://www.fanaticattack.com/2008/why-you-want-the-bailout.html#comment-869 Hey Rob - I agree that there shouldn't be a hurry on this thing...and I agree that there should be total transparency. The thing I don't understand is why they need $7 trillion, especially when the House just approved a $25 billion loan to automakers (was this approval in the taxpayers' best interest?). I believe that we may need to loan - LOAN - the Treasury some money, but it needs to be done very carefully. Unfortunately, I'm on the Republican side here (not McCain, the Lone Stranger) as far as balking on the bailout, but I don't want this problem to be politicized. It's the American public who will pay for this if we're not careful. But, as long as people are angry about the bill and don't believe that there's a crisis, then a run on banks can be avoided. Hey Rob – I agree that there shouldn’t be a hurry on this thing…and I agree that there should be total transparency. The thing I don’t understand is why they need $7 trillion, especially when the House just approved a $25 billion loan to automakers (was this approval in the taxpayers’ best interest?). I believe that we may need to loan – LOAN – the Treasury some money, but it needs to be done very carefully. Unfortunately, I’m on the Republican side here (not McCain, the Lone Stranger) as far as balking on the bailout, but I don’t want this problem to be politicized. It’s the American public who will pay for this if we’re not careful. But, as long as people are angry about the bill and don’t believe that there’s a crisis, then a run on banks can be avoided.

]]> By: Rob W http://www.fanaticattack.com/2008/why-you-want-the-bailout.html/comment-page-1#comment-868 Rob W Fri, 26 Sep 2008 16:44:48 +0000 http://www.fanaticattack.com/2008/why-you-want-the-bailout.html#comment-868 It's simply wrong to throw money at incompetence. And why the big hurry? So the corporate giants, the Saudis and the Chinese have more time to get their money out of the market and we can put it all on the middle class? After 9/11 we didn't throw money at Al-Quaeda in hopes they wouldn't hurt us again. If Paulson is asking 'how did we get here?' he obviously can't add. This bailout and it's urgency don't add up. Do not fall victim to this deceit. It’s simply wrong to throw money at incompetence. And why the big hurry? So the corporate giants, the Saudis and the Chinese have more time to get their money out of the market and we can put it all on the middle class?

After 9/11 we didn’t throw money at Al-Quaeda in hopes they wouldn’t hurt us again.

If Paulson is asking ‘how did we get here?’ he obviously can’t add. This bailout and it’s urgency don’t add up. Do not fall victim to this deceit.

]]>