bmarrett71 (December 31, 1969 at 6:59 pm)

Our entire economy, US and the world, is dependent upon the health of our banks. What you should be mad at is Paulson for insisting that the bail-out money shouldn't be regulated. Yes, punish the institutions that put us into this mess by making them refinance those bad loans at a reasonable fixed rate and make that a requirement of the "bailout". So far that bailout has amounted to a stock purchase with an agreement that the govt would sell the stocks when the banks are healthy.

bmarrett71 (December 31, 1969 at 6:59 pm)

Remember Hoover? He had the exact same theory.You let those businesses fail if you don't mind another depression. When banks fail, they freeze up credit lines. When credit lines are frozen, businesses go under or they fire most of their staff to free up cash to make up for credit. When people don't have jobs, they can't spend money to create new jobs. And then it takes 25 years for the stock market to rise up to the level it was at before the banks failed.You sure are a financial genius.

Kras3169 (December 31, 1969 at 6:59 pm)

Most of these greedy pieces of shit who ran their businesses into the ground, don't deserve a bailout. They deserve a fucking prison sentence!Now the Auto Companies are asking for a bailout too. So we're just supposed to keep spending money when we never seem to save any?You should pay closer attention to the words of Ron Paul and Peter Schiff. Don't worry, I know..."they're crazy". Ron Paul and Peter Schiff predicted this during the Clinton administration...people laughed at them!

Kras3169 (December 31, 1969 at 6:59 pm)

We did NOT need a bailout. If a company fails, you let it fail. It's not the job of tax payers to bail companies out. One of the things govt is trying to do is keep housing prices up, so people dont lose value on their property. People lost their houses b/c they can't afford them. In a free market, no one would bye homes and the prices would have to come down to the supply and demand price equilibrium. We're in $10 trillion of debt, where is all this money coming from to bailout these assholes?

bmarrett71 (December 31, 1969 at 6:59 pm)

We needed a bailout, but I thought it needed to be regulated. Paulson insisted that the bailout money shouldn't be regulated. He was wrong and this proves it. Free market ideals such as "industries will self-regulate in their own self-interest" don't take into account human nature (much like the ideal of communism). People often don't behave in their own self-interest and all of these decisions are made my individual decision makers. Greenspan admitted that he never thought of it.

Blackjack555 (December 31, 1969 at 6:59 pm)

All these people responsible should be of thrown of the Grand Canyon. Blindfolded.

angelpinkrose789 (December 31, 1969 at 6:59 pm)

"fool me once shame on you, fool me twice shame on you" If a regular citizen got money from the gov. for something and spent it on someting else the fed would be there so fast their head will spin. What is happening?

musolinilampost (December 31, 1969 at 6:59 pm)

Calling All Patriots!Have you heard?Nov 22nd Huge Rally/Protests Outside Every Federal Reserve in all 12 Federal Reserve Districts. Repeal The Federal Reserve Act if you want your freedom back. Period. Read G. Edward Griffins' "The Creature From Jekyll Island" before the event.Aron Russo's AFTF.Educate yourself and others then join us in action.These Central Bankster Ratbastards have subjected us to 1.4 QUADRILLION in mortgage default swaps, derivatives and other toxic exotics.

N6LNH (December 31, 1969 at 6:59 pm)

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BWizer (December 31, 1969 at 6:59 pm)

These fucking greddy ass Caucasians make me sick man! Im sick of em! while our Black people, Latino/ ect, work hard everyday busting our fucking asses,and losing our motherfucking homes, these white devil motherfuckers on a fucking resort getting fucking massages? Now Thats The Devil!