are you for or against the recent government financial bailouts?

[BlahBlahYouToo]

as much as i hate it, i'm for it.
the alternative could end up being a lot worse.

 

[Xavier434]

I pretty much feel the same way that you do. It sucks, but life goes on and I hope we do better next time.

 

[SearchMaster]

Against.

 

[Necrosaro420]

Against it. Its the companies own fault that this is happening for being greedy. If one goes out of business, there is another right around the corner that will take over.

 

[senseamp]

That's like asking an alcoholic if he is for or against government giving out whiskey.
Americans are addicted to debt, so of course they are going to be for the bailout. The alternative is that they will actually have to earn what they buy.

 

[JulesMaximus]

I'm against having our financial markets fail.

 

[BlahBlahYouToo]

Originally posted by: JulesMaximus
I'm against having our financial markets fail.

so you're for the bailouts then?

 

[Mr Pickles]

Originally posted by: senseamp
That's like asking an alcoholic if he is for or against government giving out whiskey.
Americans are addicted to debt, so of course they are going to be for the bailout. The alternative is that they will actually have to earn what they buy.

So, you haven't read a damn thing about the bailouts and really have no idea what the hell is going on. Thanks.

 

[waggy]

at first i was against it. i really don't want my tax's going to save idiots that got themselves in this mess and giving CEO's billions in bonuses. BUT after reading more and more about it i suspect it has to be done. be cheaper in the long one. BUT i really hope they put more people watching so this does not happen again.


also they are talking on the news about adding more to it. nto just more bailouts but "riders" on the bill. ugh

 

[vi edit]

I'm torn. I think it was necessary to prevent an economic environment we have never seen or would have been able to recover from for years.

But, I think it sends and absolutely horrible message to corporations and "main street" (I hate that term) and just further pushes the "debt our way out of trouble" mantra we've had for the last decade.

I just feel like a whole pile of wrong lessons are being taught.

 

[darkxshade]

It's a damned if you do, damned if you don't kind of thing. I voted undecided because:

A. In the end, the bailout is the right thing to do to prevent a catastrophe which would affect everyone.
B. But the government shouldn't be helping companies that dug their own grave.

 

[DisgruntledVirus]

Originally posted by: JulesMaximus
I'm against having our financial markets fail.

This.

I want them to fail. I believe they should reap what they sow, but I do not feel that the rest of the population should go down in flames with them. I am 21, and coming out of HS into this stuff sucks. Starting my actual career/life out from a depression is NOT what I have in my plans. So as much as I hate to say it I would rather have everybody pay to bail their asses out, than to let them fall and risk going through the huge mess that them failing would cause.

 

[iamwiz82]

Originally posted by: vi edit
I'm torn. I think it was necessary to prevent an economic environment we have never seen or would have been able to recover from for years.

But, I think it sends and absolutely horrible message to corporations and "main street" (I hate that term) and just further pushes the "debt our way out of trouble" mantra we've had for the last decade.

I just feel like a whole pile of wrong lessons are being taught.

This is how I feel. While I don't want to use dollar bills for home heating because the economy collapsed, I also don't want to let every crooked board out there know it's alright to fsck up badly and have daddy come behind you and help you out.

 

[Xavier434]

The bailouts alone are useless unless we fix whatever needs to be fixed in order to prevent this problem from happening again. Unfortunately, I do not have a crystal ball which tells me whether or not that is going to happen and the bailouts are step 1 when fixing the problem. If step 2 doesn't happen properly then I would not support the bailouts now. If they both fix the problem now and do what needs to be done to help prevent it much better in the future then it will be worth it.

 

[BlahBlahYouToo]

i like this analogy the best:

But like a house on fire that's threatening to spread quickly through the neighborhood, the first priority is to put the fire out - not yell at the arsonist - supporters of the bailout would contend.

 

[akubi]

Originally posted by: waggy
at first i was against it. i really don't want my tax's going to save idiots that got themselves in this mess and giving CEO's billions in bonuses. BUT after reading more and more about it i suspect it has to be done. be cheaper in the long one. BUT i really hope they put more people watching so this does not happen again.


also they are talking on the news about adding more to it. nto just more bailouts but "riders" on the bill. ugh

the amount these guys have been paying in taxes is probably more than what you'll earn in a lifetime. I'm sure everyone knows taxes are paid as a %, not some flat fee. If they get "billions in bonuses" they must be paying millions or billions in taxes. I don't think these individual, "it's my tax money" arguments have any merit.

overall the bailout should be a good thing. as long as people keep paying their mortgages, the government will regain all the money its pumping in. that may be wishful thinking.

edit: ok i just reread your post and you aren't against the bailout heh (good for you). my opinion stands for people who are actively against it

 

[vi edit]

Originally posted by: akubi

Originally posted by: waggy
at first i was against it. i really don't want my tax's going to save idiots that got themselves in this mess and giving CEO's billions in bonuses. BUT after reading more and more about it i suspect it has to be done. be cheaper in the long one. BUT i really hope they put more people watching so this does not happen again.


also they are talking on the news about adding more to it. nto just more bailouts but "riders" on the bill. ugh

the amount these guys have been paying in taxes is probably more than what you'll earn in a lifetime. I'm sure everyone knows taxes are paid as a %, not some flat fee. If they get "billions in bonuses" they must be paying millions or billions in taxes. I don't think these individual, "it's my tax money" arguments have any merit.

overall the bailout should be a good thing. as long as people keep paying their mortgages, the government will regain all the money its pumping in. that may be wishful thinking.

I think more people are just miffed about the fact that a CEO can run a company into a 600 billion bankrupcy, cause a couple thousand people to lose their jobs and taking it in the ass after their employee stock options went to zilch while the CEO jumps ship with a 6 million dollar golden parachute.

 

[Vette73]

I don't wnat free money to be given out, esp while the top peopel at the firms make millions as it burns.


I rather the Gov get a % of ownership in the company. I think they did this with the last one and when it got out all of a suddent the top people and other investors started to raise their own money real fast. Now it seems they don;t want the tax payers money when you do it that way.

 

[waggy]

Originally posted by: akubi

Originally posted by: waggy
at first i was against it. i really don't want my tax's going to save idiots that got themselves in this mess and giving CEO's billions in bonuses. BUT after reading more and more about it i suspect it has to be done. be cheaper in the long one. BUT i really hope they put more people watching so this does not happen again.


also they are talking on the news about adding more to it. nto just more bailouts but "riders" on the bill. ugh

the amount these guys have been paying in taxes is probably more than what you'll earn in a lifetime. I'm sure everyone knows taxes are paid as a %, not some flat fee. If they get "billions in bonuses" they must be paying millions or billions in taxes. I don't think these individual, "it's my tax money" arguments have any merit.

overall the bailout should be a good thing. as long as people keep paying their mortgages, the government will regain all the money its pumping in. that may be wishful thinking.

and its ok since they pay more then i do in taxes? i already pay a good portion of my incom ot tax's. to bail out some rich greedy fuck when nearly everyone i know is struggling pisses me off.

but yeah it needs to be done. but it does nto make people happy to know there tax's (may) be going to them.

 

[Xavier434]

Originally posted by: vi edit

Originally posted by: akubi

Originally posted by: waggy
at first i was against it. i really don't want my tax's going to save idiots that got themselves in this mess and giving CEO's billions in bonuses. BUT after reading more and more about it i suspect it has to be done. be cheaper in the long one. BUT i really hope they put more people watching so this does not happen again.


also they are talking on the news about adding more to it. nto just more bailouts but "riders" on the bill. ugh

the amount these guys have been paying in taxes is probably more than what you'll earn in a lifetime. I'm sure everyone knows taxes are paid as a %, not some flat fee. If they get "billions in bonuses" they must be paying millions or billions in taxes. I don't think these individual, "it's my tax money" arguments have any merit.

overall the bailout should be a good thing. as long as people keep paying their mortgages, the government will regain all the money its pumping in. that may be wishful thinking.

I think more people are just miffed about the fact that a CEO can run a company into a 600 billion bankrupcy, cause a couple thousand people to lose their jobs and taking it in the ass after their employee stock options went to zilch while the CEO jumps ship with a 6 million dollar golden parachute.

Ya, I think that sums it up for most, but unfortunately we are stuck with having to choose the lesser of two evils now. The option we want which is to not harm the innocent people even more while only sticking it to those who are truly responsible is not available.

"Bittersweet" is a good word to use when describing how most who are informed about the big picture feel when it comes to this situation.

 

[yhelothar]

Originally posted by: akubi

Originally posted by: waggy
at first i was against it. i really don't want my tax's going to save idiots that got themselves in this mess and giving CEO's billions in bonuses. BUT after reading more and more about it i suspect it has to be done. be cheaper in the long one. BUT i really hope they put more people watching so this does not happen again.


also they are talking on the news about adding more to it. nto just more bailouts but "riders" on the bill. ugh

the amount these guys have been paying in taxes is probably more than what you'll earn in a lifetime. I'm sure everyone knows taxes are paid as a %, not some flat fee. If they get "billions in bonuses" they must be paying millions or billions in taxes. I don't think these individual, "it's my tax money" arguments have any merit.

overall the bailout should be a good thing. as long as people keep paying their mortgages, the government will regain all the money its pumping in. that may be wishful thinking.

Only except these millionaires and billionaires only make up less than 0.1% of the population. The vast majority of the tax money comes from the middle class.
Horrible argument.

 

[BlahBlahYouToo]

Originally posted by: vi edit

Originally posted by: akubi

Originally posted by: waggy
at first i was against it. i really don't want my tax's going to save idiots that got themselves in this mess and giving CEO's billions in bonuses. BUT after reading more and more about it i suspect it has to be done. be cheaper in the long one. BUT i really hope they put more people watching so this does not happen again.


also they are talking on the news about adding more to it. nto just more bailouts but "riders" on the bill. ugh

the amount these guys have been paying in taxes is probably more than what you'll earn in a lifetime. I'm sure everyone knows taxes are paid as a %, not some flat fee. If they get "billions in bonuses" they must be paying millions or billions in taxes. I don't think these individual, "it's my tax money" arguments have any merit.

overall the bailout should be a good thing. as long as people keep paying their mortgages, the government will regain all the money its pumping in. that may be wishful thinking.

I think more people are just miffed about the fact that a CEO can run a company into a 600 billion bankrupcy, cause a couple thousand people to lose their jobs and taking it in the ass after their employee stock options went to zilch while the CEO jumps ship with a 6 million dollar golden parachute.

well, then these people should be looking at the bigger picture instead of targeting a handful of people.
the GLOBAL economy is hanging in the balances.

 

[Linflas]

Hard for a free market to work if the risk piece of the equation is removed. While I understand why they are doing it I don't like it.

 

[Ruptga]

against. These companies took a risk by going so heavily into high risk/high interest loans, and they need to live with it. Don't get me wrong, people taking risks with a lot of money at stake is the basis of capitalism, but if we catch them every time they fall when will they learn? Of course it could be argued that they've already been "punished" enough, but when it comes down to it, I'm just tired of the government spending all my frikkin money.

 

[waggy]

Originally posted by: BlahBlahYouToo

Originally posted by: vi edit

Originally posted by: akubi

Originally posted by: waggy
at first i was against it. i really don't want my tax's going to save idiots that got themselves in this mess and giving CEO's billions in bonuses. BUT after reading more and more about it i suspect it has to be done. be cheaper in the long one. BUT i really hope they put more people watching so this does not happen again.


also they are talking on the news about adding more to it. nto just more bailouts but "riders" on the bill. ugh

the amount these guys have been paying in taxes is probably more than what you'll earn in a lifetime. I'm sure everyone knows taxes are paid as a %, not some flat fee. If they get "billions in bonuses" they must be paying millions or billions in taxes. I don't think these individual, "it's my tax money" arguments have any merit.

overall the bailout should be a good thing. as long as people keep paying their mortgages, the government will regain all the money its pumping in. that may be wishful thinking.

I think more people are just miffed about the fact that a CEO can run a company into a 600 billion bankrupcy, cause a couple thousand people to lose their jobs and taking it in the ass after their employee stock options went to zilch while the CEO jumps ship with a 6 million dollar golden parachute.

well, then these people should be looking at the bigger picture instead of targeting a handful of people.
the GLOBAL economy is hanging in the balances.

yes it is. but it does not make it right that the CEO's get off scott free. well not free millions richer for doing this.


wich is why i hope they do something to keep this from happening again. becuse if they don't it will happen again.