Comments on: Oppose The Treasury’s Bailout Plan

By: Jen

Jen — Thu, 24 Dec 2009 01:13:29 +0000

“Like a dying soldier, hopeless and forlorn.
But the blood, it be green,
the color of money.”

sounds like OBAMA and the Iraqi wars with the Predator.

By: Kim

Kim — Fri, 06 Feb 2009 01:20:40 +0000

Bailout 2008, a poem by David Jeffrey

Like a bloodied warrior,
laying broken and torn.

Like a dying soldier, hopeless and forlorn.

But the blood, it be green,
the color of money.

And the soldier is an economy,
and it is anything but funny.

Broken are it’s people and shattered are their dreams.

Thanks to the ultra rich and their full proof schemes.

It is a tragedy with more pain to come.

Finance will be Hell, and their wills will be done.

By: Jimmy

Jimmy — Thu, 20 Nov 2008 08:54:59 +0000

I dont know about you guys but I think the bailout proposal is the only way to calm the market down. However, I would take difference approach. Here are my proposal:
1. Only major companies would eligible for this plan.
2. The eligible company would follow these guideline.
a. Only necessary, do not layoff more than 1% per year for 5 years.
b. Do not outsource for the next 5 years.
c. Investors have a right to know company balance sheet.

By: jody

jody — Fri, 03 Oct 2008 18:25:17 +0000

Sadly for your approach, the plan is now passed. But here’s a hilarious song about it called “Bailout Man” to lighten a grim subject: http://evamoon.net/blog/2008/10/02/bailout-man/

By: Don Collins

Don Collins — Fri, 03 Oct 2008 02:39:54 +0000

I’ve been thinking about this a lot (as we all have) and it just occurred to me tonight… I’m be more than happy to agree with the “rescue” plan if Congress will do two things…

1. Hold themselves accountable (by name… not House or Senate but by individual names) if this thing doesn’t work. I want to know who screwed up!
2. Agree to some punishment if their plan doesn’t do what they are promising it will do. Punishment and an agreement that they will resign their post… Immediately!

I want to see some accountability before I will agree to this approach.

By: Laura

Laura — Wed, 01 Oct 2008 18:33:37 +0000

I say that we use the “Trickle-Up” effect. The government can give every legal american making less than $500,000 – One million dollars each. They can take out taxes, leaving about $900,000. The people can then pay off their mortgages, car loans, credit cards and even put money into the market. It will help out the banks and the market AS WELL AS we the people. The government wouldn’t even be spending the $700 billion dollars they are looking to spend. The may only spend $500 million using this plan, plus getting the tax money back. Sounds Good here in Delaware!

By: Drew

Drew — Tue, 30 Sep 2008 14:56:47 +0000

Why doesn’t anyone here look at the larger picture behind this or mention the fact that for the first time since the Civil War we will have an armed military with weapons aimed at US Citizens come the beginning of October? This fact seems to have slipped through the media outlets like all things we aren’t supposed to take note of. Here’s a good report on it http://www.afterdowningstreet.org/node/36358, was originally reported in the army times. So behind all the scenes of all this we have an armed military coming to the US to police us. Perfectly illegal according to our now non existent constitution. How bout the fact that the major net service providers are seeking to or have already banned information sites that provide information contrary to what big brother produces as Propaganda. Internet 2.0 should eliminate our ability to get objective information. How bout the fact that Youtube just dropped video’s with 100 million views and banned all of the people that were providing ‘truth’ videos of contrary viewpoints to issues like 9/11, the London Bombing, government mind control experiments, HAARP weather control and it’s striking correlations of operation during major weather events (Katrina and the China Earthquake) Chemtrail spraying, etc. Controlled events like this and the Great depression are just ways to keep people from seeing behind the scenes, . Why has everyone forgotten that states like West Virginia have 70% option arms that wont start adjusting for another year or so? The media seems to be hush hush on the fact that there’s millions of homeowners still paying 1%, or 3% or 4.5% on their 7.5% mortgages with negative equity tapping on every month. Mortgage brokers got paid 5 points to push these loans. No mention of the hundreds of military internment camps for US citizens like Rex 84 that are fully active waiting for non violent political dissidents to fill them up. Wake up America, there is a lot more going on than this realignment of wealth to other wealthy people, money doesn’t just disappear, if a bank loses 7.5 billion dollars, that means someone else made 7.5 billion. Whats the agenda the Media isn’t talking about?

By: Peggy McGilligan

Peggy McGilligan — Tue, 30 Sep 2008 05:47:44 +0000

Did you know many of the fat cats who circulate from board to board and from job to job throughout the financial industry, are also members of the Bilderberg Group and or the Trilateral Commission? When someone takes your money and steals your car, it makes an impression. When they belong to such secret political cliques, it leaves an indelible impression. Many elected officials even belong to these cabals, hence the secrecy. When Bill Clinton eased banking restrictions, he dished out $8-billion dollars for community reinvestment loans. When the financing schemes fell through, as is their wont whenever 30-million Mexican nationals buy inflated properties and default, it left banks in the lurch. Hillary Clinton counted on the loan giveaways to buy votes. Interestingly enough, had Hillary secured the nomination; she, instead of Barack Obama would preside over the bailout. So, where’s that $8-bilion plus dollars? Where’s Hillary? The Global Initiative people (code speak for car thieves) took my money; they stole my car. If you or I did half the things these people have done, we’d be serving consecutive life sentences. Wise up, get angry, and let the bubble burst. Remember, Ben Stein says you’re going to be just fine. You have my word on it. Gentlemen, I want my money back: http://theseedsof9-11.com

By: Aimee

Aimee — Mon, 29 Sep 2008 14:10:09 +0000

I suggested a Federal Bailout plan back in Jul this year. But this is not exactly what I was suggesting. Now its evident to see more greedy professionals at work behind the scene. The TAXPAYER GOT RIPPED OFF (and we are going to take it where the SUN DONT SHINE and our CHILDREN ARE TOO!!!), the government just sold off WaMu directly to JPM!! WAIT!! WAIT!!! WAIT!!! THIS PLAN IS NOT THE ANSWER… why, we have been undergoing an econmic crisis since 2005, when the housing bubble busted… um, homeowners have been losing their homes, why a PLAN all the sudden??? Oh yes, the financial industry is going to hell… wait, were they not the ones that suggested the MARKET TAKE ITS COURSE. Oh but when LEH goes bankrupt – we see the top federal governement officials along with their fraternity brothers come to the rescue with a Government Bailout – for the sake of their livelihood!! HELL NO!! THIS PLAN IS GOING TO RAPE US!!! RAPE OUR CHILDREN!! We should let the market take its course, homeowners are already hurting, this bailout plan is for only the rich via their business entities and how does this help the homeowner? Lets not forget there were homeowners who bought homes in 2005, right when the housing bubble cracked, those (3/1 and 5/1 ARMS) are just starting to reset… this means the shake-out for a whole lot of homeowners starts now … but is this plan for the homeowners or them? Why give the money to them, because they know how to handle money and the common person does not? B.S. Even if that was the case, if you gave the money directly to the people, there would not be a reason for government oversight. Which is now required, but just how? Another government task? With what? Another government instition? – one that requires more government people? What to hang out at the same parties? I guess we do nothing, and just take it, take it where the sun don’t shine and watch our children get raped as we look for them to support us because we’ve been taxed soo much and we were unable to retire… but these lawmakers and their buddies (and their children) get to retire in style!!! Oh, and to believe both Democrats and Republicans are in with this plan, only further suggests our Politicians are supporting corrupt industries!! This Election, lets remove all of them and replace them with the opposite party, just to radically change things up. Rationally, the most practical approach would be to establish a system that allows homeowners to trade their homes, i.e. MyHouse4Trade.com or http://www.TrySwappingIt.com , freeze all ARMs, zero out the debt with those who lent money to the banks, return the remaining amount back into the treasury. Then ask where is this financial crisis, Wall Street? If so, let the market takes its course there!!! Those equities were overinflated since the brokers and fancy investors have been chasing earnings since the 90’s – its time we get back to value investing!! All this Plan will do is screw the common man, and further put our country into debt!!! GOD SAVE AMERICA – PLEASE!!!

By: Dave R

Dave R — Sun, 28 Sep 2008 17:19:24 +0000

The bailout plan is a bad idea on so many levels. Government is intervening in the natural consolidation of the financial sector after a huge runup (1/3 of US corporate profits were from this sector in 2006)

Dave R
http://www.islandersoftware.com/weblog/2008/09/27/just-say-no-to-the-bailout-plan/