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The Financial sector got a license to steal due to the bailouts. It's ironic that the Dems say they are for the middle class. The bailouts they support transfered billions straight from the middle class to the financial elite. I strongly disagree that the bailouts were necessary. We should have let the market correct itself. There would have been more short term pain but we would be better off today. One of the reasons I am voting for Angle is that I know she'll vote against bailouts.
Easy enough because there will be no more bailouts. We're not in that phase of the crisis and we are not out of this crisis, not by a longshot.
Short term pain would have meant ripping the spine out of every small and large business in the entire USA. Money would stop. What's supposed to be a service for a fee is a hostage situation for the globe.
The Financial sector got a license to steal due to the bailouts. It's ironic that the Dems say they are for the middle class. The bailouts they support transfered billions straight from the middle class to the financial elite. I strongly disagree that the bailouts were necessary. We should have let the market correct itself. There would have been more short term pain but we would be better off today. One of the reasons I am voting for Angle is that I know she'll vote against bailouts.
Offcousrse had the banks not been bailed out the middle class had been the worst effected of the catastrophe that would have followed but it was the republicans that initated the bail outs and the dems ended them.
Easy enough because there will be no more bailouts. We're not in that phase of the crisis and we are not out of this crisis, not by a longshot.
Short term pain would have meant ripping the spine out of every small and large business in the entire USA. Money would stop. What's supposed to be a service for a fee is a hostage situation for the globe.
LOLs. Where did you get that idea? George W. Bush.
There were plenty of banks in this country that were just fine. They were in great shape throughout all of this. The vast majority of banks in this country didn't need any bailout.
If money stopping is what causes economic problems then we could just pass a law saying everyone must spend X amount of dollars per day. That would ensure money is always flowing.
And people wonder why the RW nut candidates stay away from any national airing of what they have to say. The best plan for their campaigns, answer no questions and only make slogan statements. That method seems to work on quite a few people. When they allow themselves to be put into a position of actually having to give an answer, they generally wind up with a bad case of "Toe-lio".
The Financial sector got a license to steal due to the bailouts. It's ironic that the Dems say they are for the middle class. The bailouts they support transfered billions straight from the middle class to the financial elite. I strongly disagree that the bailouts were necessary. We should have let the market correct itself. There would have been more short term pain but we would be better off today. One of the reasons I am voting for Angle is that I know she'll vote against bailouts.
The bailouts where necessary to avoid a global economic meltown. If you don't think they were you were not close enough to the situation to realize what was going on. In October 2008 there was an absolute global PANIC in the financial markets.
Easy enough because there will be no more bailouts. We're not in that phase of the crisis and we are not out of this crisis, not by a longshot.
Short term pain would have meant ripping the spine out of every small and large business in the entire USA. Money would stop. What's supposed to be a service for a fee is a hostage situation for the globe.
Quote:
Originally Posted by JazzyTallGuy
The bailouts where necessary to avoid a global economic meltown. If you don't think they were you were not close enough to the situation to realize what was going on. In October 2008 there was an absolute global PANIC in the financial markets.
first, the bailouts were NOT necessary, and were forced on many banks by the federal government. wells fargo for instance did not want to take bailout funds.
second if you really think that there will be no more bailouts in the future, you are sadly mistaken because the financial reform law contains provisions for more bailouts if the federal government determines that they are needed.
and by the way, angle is now up by three points in the polls today.
first, the bailouts were NOT necessary, and were forced on many banks by the federal government. wells fargo for instance did not want to take bailout funds.
second if you really think that there will be no more bailouts in the future, you are sadly mistaken because the financial reform law contains provisions for more bailouts if the federal government determines that they are needed.
and by the way, angle is now up by three points in the polls today.
don't tell anyone that, they still want to think she will not only get beat, but will go down in flames.
Offcousrse had the banks not been bailed out the middle class had been the worst effected of the catastrophe that would have followed but it was the republicans that initated the bail outs and the dems ended them.
Yes I actually agree with you on this. It was moderate/liberal Reps like George W Bush and John McCain who did initiate TARP and many of the bail outs. This is EXACTLY why I have so much passion for Sharron Angle, she is not an establishment Republican. She will not enforce the status quo. She will have the guts to cut spending. She will not bail out. This tape recording makes me feel all the more positive about her because she was so critical of the establishment Republican party. She is very sincere about the issues that are important to me.
I was happy to see a new poll released today shows Angle has a 3 point lead. Her largest lead in months. Simply amazing considering the constant "too extreme" TV ads. Many voters realize the issues Reid attacks Angle on are petty and trivial compared to the big issues that are hurting our country such as the economy/spending.
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