Financial News

June 10, 2009

What is the governments problem bailing out those criminals?

Filed under: Government — Tags: , , , — admin @ 6:15 pm
wallstreet



Why are we giving more money to the already filthy rich criminals on Wallstreet?

6 Comments »

  1. We’re about to become a communist dictatorship obviously.
    Expect martial law and no elections.

    Comment by LEX — June 12, 2009 @ 12:23 pm

  2. It’s called the New World Order.

    Comment by Geeki-Wan U-Kno-Me — June 15, 2009 @ 9:21 pm

  3. Are you really surprised by this?

    This bailout is par for the course as far as I am concerned.

    What I see is that govt seems to think that bailing out the people who made the bad reckless investment decisions need to be bailed out while govt policies now are making it harder for consumers to keep a roof over their heads…and if you are facing foreclosure and can’t find a mortgage loan to refinace, then thats tough luck and you are on your own.

    Like I have been saying, our government does not represent the people. Our govt is purely and solely an agent of the rich,the wealthy, and big business whose objective is purely create wealth for them and help them preserve that wealth no matter what and with a very short term view. The people are merely seen as the piggy bank that can be tapped to help facilitate taking care of big business and the rich.

    Notice how some politicians while wanting to bailout these firms are fighting tooth and nail against a provision that would say no big golden parachutes for the bad executives and a provision that would curb excessive salaries for the executives of these firms.

    Comment by jesswzmn — June 16, 2009 @ 6:39 am

  4. Might be better than your insurance companies sending you a form letter saying you no longer have car, home, boat, or renter’s insurance. You might be surprised what all falls under the AIG umbrella.

    They kept Wall Street and the world markets from collapsing, and that is EXACTLY what would have happened had they not stepped in.

    You could have kissed your plans for a National Health Care Plan goodbye and said hello to soup lines.

    I hope your candidate Obama is smarter than you but I have a feeling he isn’t.

    Comment by rotorhead — June 18, 2009 @ 12:41 am

  5. If you or anyone you know has a pension, it is in peril right now if this bail out plan does not succeed. If you work for a company that is traded publicly, your job is in peril. If you purchase any products or services from companies traded publicaly your buying power is in peril. Markets in other countries are in peril.

    Get it?

    *

    Comment by Jacob W — June 21, 2009 @ 10:49 am

  6. I agree.
    TIME TO SPEAK UP AND LET YOUR VOICE BE HEARD…FLOOD CONGRESS AND THE SENATE

    I just had a big idea. If the government is so eager to spent money, the tax payers money, then why don’t they spend it directly on the tax payers?

    I say have all the companies that have people who are in foreclosure, report and give those people a grant or no interest loan attached to their mortgage, to bring them current. That would directly benefit the people and the companies holding the loan.

    It’s time out for the tax payers paying for bad decisions when it seems obvious to support this country is to support the people.

    So I am asking everyone to write you Congressmen/women and Senators today before they make a brash decision that would amount to putting a band aid on a cancerous ulcer. Then forward this to all your friends, and associates , no matter their party affiliation because we all are going to feel this one.

    We have bailed out enough big businesses, who are still doing bad business because they aren’t keeping the people in their homes or on their jobs. They’ve just been allowed to stay in their own million dollar estates. Life for them stays the same while the people who truly need the help are still hurting.
    This has to be forwarded now because they are making decisions as we speak.

    Comment by One of Those Women — June 23, 2009 @ 3:32 pm

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