DISQUS

paulbot5 · 1 year ago

Why dont you guys fight to get obama and the dems to fight the fed.

evan_la · 1 year ago

So, the leeches who sucked the blood out of our economy now get to tap an artery? Their beloved 'free market' isn't working for them, eh? Ah, I see, the 'invisible hand' is stuck in the cookie jar. Somebody needs to slam the lid down on it.

jr · 1 year ago

"let the market regulate itself"-CNBC

cowboyneok · 1 year ago

Its "capitalism" and "freedom" according to Bu$hco. No one who makes over $500 million dollars can be allowed to fail!

Then again, its socialism but don't tell the little people who have to PAY THROUGH THE NOSE to bail out the uber rich entitled elite class.

cowboyneok · 1 year ago

The only time an investor gets to lose money is if the investor makes less than the upper 5% elite. Once you get REALLY REALLY rich then you and your family get to lock away all your excess money so the middle class taxpayers can't get to it.

Busboy · 1 year ago

Hey, Cowboy; why would a "middle class" taxpayer have a right to someone else's money?
Maybe that's why we have concealed weapons permits in OK?

Andrew · 1 year ago

As usual Busboy you haven't much to offer in the way of credible comments. Let's face it, the best the Republicans can hope for is to get out of Dodge before the entire system collapses which it's well on its way to doing. Artificially propping up the markets by bailing out the banks doesn't begin to address the problems this country faces with regard to its national debt which thanks to the bailout has just cost the American tax payer in more phoney dollars that now brings the national debt to over 10 .3 Trillion dollars.
While many may wish they had their own printing press to print dollars at will they don't.
One of the few Republicans who tore Paulson a new pie hole was Jim Bunning from Kentucky. Just where are all these dollars going to come from he asked the master manipultor of markets and Paulsons reply was the government. What a fool. When pressed by Bunning again he responded with the truth. The American tax payer will pay and pay and pay.
There's an old saying: You brake it, you bought it. This mess should have been taken out of the hides of Fannie and Freddie share holders, not the taxpayer. But it would seem that the word "accountability" is anathema to the Republican lexicon.

Shannon · 1 year ago

It is amusing and maddening to watch the Republican voters pretend that their votes have not helped completely ruin our country. Whenever confronted with that fact, they change the subject and move in to diversionary mode, or make stupid remarks to take the spot light off of them. I think each of them should have their taxes doubled until we get the debt down to pre-Bu$h numbers.

bkmn · 1 year ago

adding to the deficit...which is paid by tax paying citizens...one (million) dollars at a time

LawMichigander · 1 year ago

I think James Madison and even Alexander Hamilton would execute each and every banker involved. This is an outrageous abuse of the banking system by the Fed and Congress. Most bank never had a problem and why should the bad banks be helped at our expense. The Fed could have offered fix rate loans itself to homeowners would borrow from them, why go through the corrupt banks. I noticed that in this legislation it is totally up to individual banks whether they want to actually allow homeowners to refinance. Do you really think they will do it they think they can still make money foreclosing on someone?

ClayPotts · 1 year ago

So, the corrupt Republicans have extended their transfer of wealth from the honest American taxpayer's future to the rich. It is significant that the shell game doesn't expire until Obama takes office. Clearly the Republicans believe Obama is going to win and are laying the groundwork to blame Democrats for the impending banking system collapse. The only Americans unable to see through the scam are the flying spaghetti monster crowd and they will believe anything the Rove campaign tells them.

anarchy · 1 year ago

let's ALL stop paying taxes and see if we can't simply
"shrink the Government" ourselves!

I'm really tired of bailing out fat cats who can't make
good business decisions..

these are the people who refuse to be regulated
and yet, they all run crying to Uncle Sam when
their bad businesses are tanking.

no more!

I don't CARE how "big" they are: LET THEM FAIL
and perhaps the next in line will do better.

ClayPotts · 1 year ago

Before Bush, accessing lines of credit for more than a few days was a big no no. Regulators used to swoop down on financial institutions that accessed their lines of credit to see what was going on. It was the fastest way to a regulatory exam because at the very least it was an indicator of poor management. Americans should not being paying for bank loans that are in essence used to cover corporate CEO bonuses.