How many think you should bail out illegal
Posted By: aliens' mortgages? NM on 2009-02-25
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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!!! 
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.
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.
Excellent idea. I'm also charging up my cards, so I hope you bail me out! SM
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.
Foreign investors. China and Russia insisted on Fannie Mac bail out.
dd
Still not illegal
I agree with Lila that I believe abortion is immoral but it's not illegal. Legality is a tangible thing and not an opinion.
but just because you think it should be illegal
doesn't mean that it IS illegal. U.S. law does not hinge on whether you think something should be illegal, although you certainly affect that outcome by your vote.
Democrat, relativism will not work here. Your opinion on what reality should be does not make that reality so. I imagine a world where no unborn babies are killed, but I realize that it may never happen AND I acknowledge at this very moment that abortion is legal whether I like the fact or not.
and this is illegal?
x
And these will be some of the illegal
big O elected, should it happen.
then that is illegal -
grant money does not have to be counted as income, but you cannot turn around and count tuition as an expense if you received the grant money.
It adds up though with just the EIC to a lot of money without adding in that other stuff.
It really makes me sick! I believe in having programs to help people with childcare, food expenses, housing expense, etc., but I don't believe in just handing money to someone because they have the misfortune of making less money.
It is not fair and it has been abused too much!
THAT's what you got out of this...... not the law the illegal
nm
I don't know of any illegal immoral war
This war was approved by our own elected officials in the house and senate. I won't even start on the immoral part, because you really know that's bunk too.
The fact is the war is not illegal
It went through all appropriate channels, and we have NEVER agreed with the U.N. to approve all military actions through them. We do have agreements, but we have NEVER given the U.N. the authority to tell us whether we will go to war or not. The congress has ultimate authority to approvate any military action we pursue, period. They approved it, so it's completely legal.
That's how W got elected! U mean that was illegal! Huh!
Can't imagine the pubs doing anything illegal.,,,,,,,
Coz that is illegal under campaign
finance law. Maybe McCain can allow homeless to stay in one of his 11 homes when he and Cindy are out flying in their personal jet?
not illegal, but definitely unethical
nm
shouldn't have said illegal, but
does all that make you think this election is going to be legitimate? Why, oh why can't people just do things straight up and let the people really be heard. I am sick of the whole thing, and honestly do not believe it really matters who wins either way... they are all politicians
Illegal immigrants.....
It is estimated that there are 10 million illegal immigrants in the US.
I bet it has to be to some advantage for the US, otherwise they would be persecuted more severely.
What do you expect from an illegal? (sm)
He's probably trying to get McCain to lend him his birth certificate.
Illegal aliens are definitely
hurting our country expense wise. I know they want a better life and I know they want a chance at the American dream too and I can't blame them for that. But they are going to have to do it the legal way. It almost seems like illegals have more rights than we do sometimes. Jobs are scarce as it is....we don't need illegals coming in wanting jobs too.
no, they were not an illegal alien, are you? nm
no, not an illegal alien, are you? nm
Illegal aliens
http://www.kfire.us/Brochure/Publicationblue2.pdf
We need to pay more attention to illegal aliens than we do. We don't want things in the US like MS 13....which unfortunately is already in the US. This gang is brutal and will do anything to anyone if they get in their way. The costs of illegal aliens
Illegal aliens hurt our schools which in turn hurt our children. They are getting free healthcare in emergency rooms that taxpayers are paying for. Some of you on this board might actually want to research this a bit before you say it isn't a big deal.
About illegal aliens.
There was another "gathering" yesterday for the Hispanic man beaten to death almost a year ago. One of the banners stated 'Stop the raids and deportation'. The other one read 'Stop racial hatred. Stop separation of families.' and 2 others I couldn't catch. Two women from Philadelphia stated "We have to stop deporting the people. They are human beings, too." Unbelievable!
There have been a total of 4 "gatherings" to honor the man that was killed. This town is 30% Hispanic now in a period of about 4 years. The background of this town and its people are mostly Polish, Irish, and Italian who came here to work in the mines in the late 1800s and early 1900s. There are only about 6,000 people in this town now.
http://www.republicanherald.com/articles/2009/02/15/news/local_news/pr_republican.20090215.a.pg1.pr15vigil_s1.2306408_loc.txt
Unfortunately, there is no illegal prohibition against it
nm
Suicide is illegal.....
but how do you prosecute? sorry, but I find this morbidly funny. If someone wants to end their life, they will.
oh..he did a few things unethical and illegal
Getting information about his blind trust investments and also cashing in stock within two weeks before his father and brother owned hospital corporations stock was devalued. Like what Martha Stewart did..Got an inside tip. He denied he ever knew what was in his blind trust, however, the new head of the SEC said Frist was given many updates on what stocks he had and how they were doing, which is a no no as being a lawmaker he could easily sway laws to benefit the companies he has invested in.
If illegal, immoral war is genocide, then yes.
be escorted to France.
Show me in law were pre-emptive war is illegal
Please pray tell, because the executive, judicial, legislative branches all disagree with you on that one. Sorry
It's morally illegal in my opinion...nm
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