Excellent idea. I'm also charging up my cards, so I hope you bail me out! SM
Posted By: TechSupport on 2009-03-26
In Reply to: Just take out a student loan. - Mythbuster
But wait. If I bail you out and you bail me out and we bail out AIG and the government bails out mortgage-skippers and China bails out the US and...somebody tell me again, where does all this money come from? It's all so confusing.
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Excellent idea!!!!
x
Excellent idea
But then again excellent ideas never make it into politics.
The Moderator has an excellent idea.
Use the Golden Rule. Just ignore the crude postings and move on. Once she has no one to spew at, she'll quit soon enough.
Excellent Idea -- not even inadvertent "sam" post
It was so excellent I hope people keep posting
We need people like him in the US. Here they are all just a bunch of self-gratifying, money hungry mob-backed politicians who care nothing about the country or the people. Meanwhile they have everyone fooled into believing they care so much about us. That's why they are dragging the country down.
With all those cards he is playing.........sm
it is easy to see why he is not playing with a full deck of cards.
"House of Cards"
I saw this last night. It is scheduled to be on again today, Saturday and Sunday. This does a great job of explaining how Wall Street's greed not only messed up the USA but also other countries as well. This is a great show. Would highly recommend it.
Well, she's definitely laying all of the cards on the table.
And I think he should and WILL someday have his accountability moment. I don't think the US should have invaded Iraq and we wouldn't be having this conversation today. But the fact remains, if we pullout and bring troops home before we stabilize Iraq it will mean more trouble for the US in the long run. We have to finish what Bush has started.
Get Ready to Pay off your credit cards
The government is looking into buying some banks instead of subprime mortgages. They are going to need some capital. All ready to pay up?
i pay off my cards EVERY month, living
x
Investigate credit cards donations to your heart's content.
Hamas information?
This person was talking about the 2000 debit cards and calling them handouts...sm
Now is not the time to be talking about handups in the midst of a national disaster like the one in NO. In a time like this it is too late for that and inappropriate. But enlighten me, what kind of handup has the republican party offered the displaced NO citizens?
These people NEED HANDOUTS AND YESTERDAY, until they can regain some type of normal existence and then handups would be good. Some people can't stand to see a person get anything. I've learned that's just how some people are. Even though they are cush in front of their computers posting away, they think if I'm not getting 2000 dollars from the government neither should they. And then there's the, I got mine croud. They feel that these people should have educated themselves, worked harder and they wouldn't be in this position, so let em' stay in the astrodome until they can figure something out.
I don't agree and think these compasionate conservative Christians who think this way should ask themselves WWJD?
Well, it would not have been necessary to bail out...
FM/FM had the Democrats running it not stolen it blind, and the "reform" bill the Dems passed that nailed the coffin shut.
Obama dogged and hounded by the media? Are you JOKING? Any interview he did was on the softball channels where he never got a real question...were you even watching? He would not go on Fox where he knew he would have to answer the tough questions until this week. Hounded by the press my eye...only to fawn over him. Sheesh...lol
do you think they should just bail out
what kind of solution do you propose?
we bail out ceo's ......
It's okay to pump billions into the auto industry and wall street but not into our own people?
So what happens when we bail them out?
See! We bail out the big guys and the money goes straight to the CEOs that ran the company into the ground, rewarding their incompetence! Oh, lets hurry and bail out the automakers too!
WASHINGTON - American International Group is paying out millions of dollars in executive bonuses to meet a Sunday deadline. But the troubled insurance giant has agreed to administration demands to restrain future payments.
The Treasury Department determined that the government did not have the legal authority to block the current payments by the company that has already received more than $170 billion in U.S. support.
AIG declared earlier this month that it had suffered a loss of $61.7 billion for the fourth quarter of last year, the largest corporate loss in history.
Here's what happens when we bail them out: sm
AIG accepted our money after losing 60 billion, and guess what? They are paying out 167 million in bonuses. Why is this allowed to happen? How can you lose that much money, accept money in bailouts, and then have the unmitigated gall to pay yourselves bonuses? This is UNACCEPTABLE!! Out and out thievery!!
Do you think our government should bail out FM/FM
Just wondered what everyone thinks about this subject. I haven't seen it discussed yet and if it has been sorry. Do you think the government should bail out these two institutions and if so, or not so, why?
I heard someone on the TV today (didn't recognize the name but he's an idependent) he asked the question, so is it going to be the people who make $30K a year the ones who pay for this or the billionaires and trillionaires? I thought that was a good point.
Also I heard that one of the guys in charge (forget his name right now) made over $90 million and he isn't paying anything. I would think that if you make over $90M on this and you run it into the ground you should have to forfeit whatever you made and pay it back (but that's my own opinion).
the bail out really irks me
I think they should just let them fail and use the 700 billion or whatever it is to try and clean up the fallout from this mess. These greedy b@$st@rds need to deal with the consequences. I really don't get it. I thought you had to have mortgage insurance if you didn't have enough down. My sister has to pay for mortgage insurance, and it's highly unlikely that she is going to default on her mortgage (for one thing, she bought what she could afford). And as far a people losing their homes, well maybe they should move into homes they can afford anyway. There are nice 1-bedroom apartments in Harrisburg for $540, including utilities. Sounds good to me. grrrr....
The reason behind the bail out is
to put money back into the market. If we do nothing at all, the result is likely to be horrific. We have to do something to get money back into the market. However, bailing out these big banks and making us foot the bill is unacceptable to me. These banks and their big wigs should learn the consequences of their actions and not just walk away with a heck of a lot more money than I will ever see in my lifetime. This initial bail out is just a band-aid really. Our economy is collapsing and this bail out will slow down the collapse but there is no guarantee that it will stop it.
Right now they are debating about how to go about this bail out. Some want the bail out left like it is with us taxpayers footing the bill. Others are trying to come up with a plan to not make the burden on us and yet still get money into the market. That is why no agreement has been made.
My fear is that if we bail them out
what have they learned. They obviously won't have any consequences to their actions. We will be the ones to suffer for their greed and crimes. However, what is to become of us if we don't bail them out? I really don't know the answer to this. I am just thoroughly ticked off that our government has allowed things to get like this. Now they are sitting around crying and whining, pointing fingers, wanting special interests included in the bill, etc. I'm just so disgusted.
Is anyone actually in favor of the bail out?
I personally think that we should just let the banks fail and not save their greedy banker butts. It seems like that's the way a lot of other people feel too. I haven't heard one person say let's save their greedy banker butts. However, I'm pretty sure that congress will bail them out. If I could vote on this, I would definitely say no, no matter what consequence to myself (drop in stock, retirement and possibly the value of my home, no loan for college next semester).
Are there any average Americans out there that are for this?
bail out the world?
So we have to borrow our own money so we can bail out the world? Call your Senator.
Auto bail out s/m
Read the following report. 8-10% of total cost doesn't seem like a huge percentage for labor costs. Maybe they can't afford the big salaries and bonuses for the top dogs? About time the wealth started being redistributed. Funny I haven't heard any outrage over the outrageous salaries the top dogs in these automobile business are paid. Just whining about how much the UAW workers are paid. It's about time the working class started standing up for the working class!!!!!
Let 'em all go bankrupt. I have no doubt the idjits in Washington are way more concerned about job losses in "developing countries" than those of American citizens.
http://news.yahoo.com/s/ap/20081115/ap_on_bi_ge/auto_bailout_gettelfinger
Did you see where if we bail out the automakers - see msg
There are people that are laid off and have been laid off for years that are drawing $31 an hour to just sit in a room - they play checkers, they read, they watch TV, or they sleep and stare at the walls. It is a guaranteed thing that cannot be stopped except through bankruptcy (and they may have to pay them off even then). So in effect, if we bail out the automakers, we who are struggling to make our money in this world will be paying those people to keep sitting there!!! 
How many think you should bail out illegal
what would that matter? you want to bail them out?
nm
I don't think we should bail out anyone's mortgage.
Anyone who took out a mortgage and signed a contract to repay the loan and needs to do so. I don't care if they are illegal aliens, legal aliens, space aliens, or United States citizens.
bail out.. Amen, sam. Disgusted with
the whole dang bunch of them, for sure. As far as this bail out goes, I think those at the top who made so many millions and apparently will just go on, should be treated the same way as Ken Lay and others of Enron fame. They should pay it back, confiscate their new homes and boats or whatever they have bought, do jail time and be forced out of their elite positions. Of course, by the time congress does an investigation they will no longer be around anyway. But I do not think they should continue to give away our jobs to nontax paying people and still fall back on the age old answer of taxing us. Even my math is better than that!
Fear is that they will still collapse even after the bail out.
Hedge funds are about to fold. Derivatives which I do not understand are a whole other ballgame - They are what made the hedge fund managers millionaires - it is like betting on stocks (as one would with football) and is somehow linked to the stock market.
This site explains it well:
http://georgewashington2.blogspot.com/2008/06/derivatives-market-is-unwinding.html
What is the bank bail-out if not socialism? s/m
Maybe you'd have better luck with your employees if you gave them a raise. If you have a profit margin that allows you to give them a 25% bonus, surely a 10% raise wouldn't cause you to suffer too much.
And if we did bail out the auto industry......sm
how much is that going to cost us and where is the money going to come from?
I realize this country's economy is in the toilet at this point and people are hurting everywhere, but my question is, like I said above, where is the money going to come from (I don't believe tax increases on the wealthy are going to cover the tab) and what is going to happen when "they" call in the loans?
I think they shouldn't bail them out. They're
All those crooks in the banking, insurance/HMO industries, and most certainly Wall Street, need to be held accountable, have all of their assets seized to help pay for this, and then they should all be sent to Guantanamo Bay to rot.
445,000 per citizen is the bill for the bail outs.
And what then? The govt will own our homes and regulation will take on a whole new meaning.
This is called fascism.
Since when is a tax cut welfare? Corporate bail-outs, maybe...
corporations and plans to continue W's tax cuts for the rich in 2011. Is that welfare too? Sheesh.
And we bail out Wall St. who created this mess.....
Didja watch House of Cards? That spelled it out pretty succinctly. People were sucked into mortgages they couldn't afford, they were told they could refinance in 1-5 years and keep the mortgage payments they could afford - THEY WERE LIED TO. The bankers and Wall St. had to keep that Ponzi scheme going.......pizza delivery drivers were selling mortgages!! The more they sold, the more money they made - upwards $20,000 per month - they sucked people into refinancing to put cash in their pockets because housing values were skyrocketing.......and it all crashed down. So who did we bail out first? The banks and Wall St.............not the people who got screwed by con men. And these people were not POOR - they just got sucked into buying more house than they could afford. So, stick that in your pipe and smoke it.
Charging is not spending money...it is spending someone elses money!
When you are debt free (as we are) THEN you spend money...anything else is just going into debt. I highly doubt he pays cash for anything.
While I have to admit that the Republicans started this whole bail out thing...
I really thought we were going to get change with Obama. I didn't vote for him, but this isn't just a continuation of the same old mess, this is adding on to it. You can't blame all of the dems for it, either - there are a couple of repubs signing on as well. I'm pretty sure that this isn't what those who voted for Obama signed on for.
All I can tell you is be sure to write your congressman about this - if you need email addresses or such, go to Congress.org - there's a place to put in your zip code and it gives you the names of all of the reps from your area. Doing that is a much better outlet than attacking each other on this board.
Foreign investors. China and Russia insisted on Fannie Mac bail out.
dd
Good for Joe! I hope so. And I hope he sues...
the governor of the state of Ohio from now to next week. He should. They BIG time violated his civil rights. If this situation was reversed and he was a Dem who had asked McCain a question and a state had had him investigated, the ACLU would be all over this like ugly on an ape. Liberals only care about other liberals...they could care LESS what happens to conservatives. But yeah, they are all about civil liberties. Geez. Pull the other leg awhile.
Excellent! Thank you.
Excellent!
'Blind faith in your leaders, or in anything, will get you killed.' Bruce Springsteen.
Excellent.
A lot of people do say if she was a man the media would never go after her and she wouldn't be attacked like she has been. I liked the post. Thanks.
Excellent.
If O wins and a few months goes by, I will be proud to say I am the one who voted for McCain. This is not a normal election, this is like a radical movement going on.
EXCELLENT.
x
Just the big bad.....also excellent.
nm
Excellent
I saw this back during the election. It brought tears to my eyes back then and still does. This soldier is so very right with everything he has to say. I think it's just a very sad time for our country right now. Gone are the days of many people feeling patriotic and doing what is necessary to keep our country free. I mourn for the country we once had and am very guarded about what is to come for us.
I served in the US Army to protect our country. I was a very proud American and served to protect our country from enemies.
"I do solemnly swear that I will support and defend the Constitution of the United States against all enemies, foreign and domestic."
Back then we all thought it would only be foreign enemies. Who knew back then that in the future (now) it is domestic enemies.
Way to go! Excellent!!!!!!
I was actually going to post and say I do believe he actually goes to the bathroom the same way all of us do (well the men at least). So, hey, he must really be like one of us. I am truly amazed at the way some people think. I find American Idol tryouts to be more entertaining.
The last I knew Barack Obama was a human being. A man just like every other man on the planet. Sleeps, drinks, eats, and poops the same way. The people treating him like a God is getting way out of hand.
The simple matter they all fail to forget is just cos he eats a dog and fries does not make him like us. This is a man who was pushed into power faster than any of us could turn around. This man sends his kids to camp that costs $10,000 a week. This is a man who lives in mansion and has no idea what it is we (the plebes of society) are going through. He will never have to worry about putting food on his table, paying his electric bill. He is in a life of luxury and every once in awhile he will do a photo shoot so that people will say "wow, look at that, he ate a dog and fry - gosh he must be in tune with us". Here's some news...Hillary Clinton, John Kerry, John McCain, George Bush, Jimmy Carter, Ronald Reagan, John Edwards....they all do these photo ops too (remember Hillary guzzling down the beer with the workers). They all do it.
People need to stick with issues. Not this phony photo op thing. All presidents to it. As for him holding a baby. He was on TV and I saw someone hand him a baby and he didn't look all that happy or comfortable about it.
Barack Obama will never be "like us". Just like Hillary Clinton, John Kerry, Nancy Pelosi, Mit Romney, etc. These people are and never will be "like us".
LOL - That was excellent! Thanks
I love Jon Stewart. I like that Obama has a great sense of humor. Its the obots that give him a bad name.
I thought it was funny that on the podium under Baracks name his title is "Almost President" ha ha
Thanks for sharing! I love a good laugh no matter who it is about.
EXCELLENT!!!!!!!!
Okay - I'll tell you right now I haven't watched the whole thing, actually I haven't watched any of it :-)BUT..... with that said my DH has watched it many times. He keeps telling me to watch it and it's one saved in my favorites for "one of those moments when I'll have time to do something other than work". He's told me all about it and we've had this discussion so many many times.
I'll tell you what I feel..... What happened to JFK is just a grain of sand compared to what has been done with this whole thing. I loved the part where GW tells the kids he was watching TV when he saw the first plane hit (nobody saw it cos it wasn't on tape). I also loved the reporter (not sure if that is on this loose change video) but loved the reporter who was talking about Building 9 (I think it was called bldg 9) that had just collapsed and sitting there behind her was bldg 9 still standing. A short while later it collapsed.
Not many people I can talk to about this because they'll claim me a "whacko" and ridicule me and tell me I've got all these conspiracy theories and treat me like I'm that character that Mel Gibson played in the movie "Conspiracy Theory". :-) But this is just so much to think about. It's horrible and I am shocked that in my lifetime I have lived to see something like this. It does make you think - that's for sure.
Excellent - you said it better than I could
I'm not very good at expressing myself, but you said exactly what I feel. If I want to give charity I will give it of my own free will.
We do not need redistribution of wealth and socialism. If you think redistribution of wealth and socialism is the way to go, then move to Cuba or Russia because you are not a patriot of the United States of America and everything our founding fathers fought for.
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