Enough is Enough!

[coastalrap]

Originally Posted by happ

I agree that we must take a rational approach to this serious fiscal crisis & that means a bail out. It is the shock of what is occurring that is creating anger over how did we get into this huge mess? People are worrying & are upset [esp older Americans]. It is only natural that we express our outrage to President Bush. Why was the nation not warned? Who was asleep at the switch again?

You didn't know that there were attempts made to do something about this in 2005 (S.190)?

You should look it up, it might be interesting.

[Vagabond]

Originally Posted by KantLockeMeIn

Why is the opposite of bailouts more regulation? Let the suckers fail... let the market punish them for their poor decisions.

Not so simple - they die and they take a chunk of the world's economy with them. But instead of correcting their own mistakes, they keep snatching up houses and leaving them empty...it's like they are too large and stupid to make a right turn, so the Fed wants to use tax payers money to prop up their inefficient behavior.

[WillysB]

Originally Posted by geeoro

The federal Govt. is YOU. Why does everyone talk about the federal Govt. as if they are some way off private concern that only has certain responsibilities? YOUR money is what the FED. spends and it should be spent on every single Citizen. Not spent on overseas problems or keeping private companies in the black. Remember YOUR money should be spent on YOUR health, YOUR Schools, Your reconstruction. Stop talking about Fed payments as if it isn't your money, it is.

No, the Federal government has no business in the insurance business or education business. I do NOT want my FEDERAL taxes to go for insurance or education.

Congress can establish guidelines for private insurance availabilities and return some of my taxes to cover the cost. Or, just stop taxing.

Congress can just get out of the classroom altogether.

State and federal governments collect taxes for roadway maintenance. The federal government has no business reconstructing anything other than U.S. Highways and Interstate Highways. And those should be done by individual states with federal oversight.

[jtur88]

Would McCain win by a landslide if he denounced the bailout and explained "I'm the Maverick"?

[HappyTexan]

Originally Posted by jtur88

Would McCain win by a landslide if he denounced the bailout and explained "I'm the Maverick"?

I doublt it but I think he will surely try to take full credit for whatever bailout gets signed.