This bill is just a pig dressed up in sheeps clothing. We being the sheep, and they are fleecing us. Most Americans have no money invested in hedge funds and speculations. That is where guys like Buffet, Trump, Gates, Forbes and most of congress put their money to make millions on the market. They took the risk, and now what a bailout to cover their vsses. The taxpayers cover their losses, the market rebounds and they make another billion at the taxpayers expense.Is there enough lipstick in the world to dress up this bailout bill to make it popular?
If America had prudential regulation then it wouldn't be in this situation.
NINJJA (No Income, No Job, Junk Assets) loans are largely to blame.
This ';bailout bill'; has no guarantee that mortgage lenders will clean up their act in the future. The US Government needs to take equity in these businesses for that to happen, but they wont secure enough equity.
This bailout could prove to be a very expensive mistake if regulation is not stepped up...pronto.
Is there enough lipstick in the world to dress up this bailout bill to make it popular?
no. and it is my opinion that, as we change presidents this year, we should also change our house reps and senators if they voted for this bill.
';You know the way a bailout works? Here鈥檚 the way a bailout works. A failed president and a failed Congress invest $700 billion of your money in failed businesses. Believe me, this can鈥檛 fail.'; - Jay Leno
It's going to pass. The one that passed in the senate is the same one that failed in congress with billions of pork in it. Despite 2/3 of america against this baliout, our politicians are going to pass it. VOTE THEM OUT!
No; but when used with a set of ';rose-colored-socialist-sun-glasses,'; we should be able to deceive ourselves long enough to get the bill passed! (The glasses will reduce the amount of lip stick required to fool the masses.)
They are giving money to a guy who makes toy wooden arrows and for wool research. Is that not enough lipstick? It is repulsive, isn't it?
no and the American people better wake up!
how come you get all these answers for your question and I ask the same question and get 1 response
Bail out people Not banks!!
Church is the house of God!
The Banks are the house of the devil!!!!!!!
I say let the damn thing break, learn our lessons, and move on... we are americans we can rebuild the system stronger
It is essential. Snide remarks from the media and negative people like you help in no way.
No, the democrat congress really gave us a stinker, didn't it?
NO it is not a bail out bill it is PORK.!!!
No, vote them all out. Vote no to Obama's health care bailout.
No, not in my opinion....no.
no, and time will prove it
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