are you for or against the recent government financial bailouts?

[imported_Imp]

Originally posted by: BlahBlahYouToo

Originally posted by: Imp
I actually have an insurance plan with AIG, so I would have been screwed if they died.

unlikely.

True. The plan is probably insured to some degree by my federal government. Might lose a portion at worst.

 

[LegendKiller]

Originally posted by: Naustica

Originally posted by: LegendKiller

Originally posted by: Naustica
Against.

I have a job.

And what company do you have a job at?

Not that I expect much from an angsty failed trader, but it'd be interesting.

A company with no debt and no need for debt. A highly profitable recession proof company. I would still have a job if the bailout failed. I highly doubt you would still have a job if the bailout failed.

Nothing is recession proof. Don't make assumptions about my job, I've survived thus far. Yet, somehow, you can't even get here, and you're a failed trader too. I guess your finance skills and superior "charting" doesn't quite cut it.

 

[flxnimprtmscl]

Originally posted by: Naustica

Originally posted by: LegendKiller

Originally posted by: Naustica
Against.

I have a job.

And what company do you have a job at?

Not that I expect much from an angsty failed trader, but it'd be interesting.

A company with no debt and no need for debt. A highly profitable recession proof company. I would still have a job if the bailout failed. I highly doubt you would still have a job if the bailout failed.

I'm guessing titty bar. Who's with me on this one?

 

[ponyo]

Originally posted by: LegendKiller

Originally posted by: Naustica

Originally posted by: LegendKiller

Originally posted by: Naustica
Against.

I have a job.

And what company do you have a job at?

Not that I expect much from an angsty failed trader, but it'd be interesting.

A company with no debt and no need for debt. A highly profitable recession proof company. I would still have a job if the bailout failed. I highly doubt you would still have a job if the bailout failed.

Nothing is recession proof. Don't make assumptions about my job, I've survived thus far. Yet, somehow, you can't even get here, and you're a failed trader too. I guess your finance skills and superior "charting" doesn't quite cut it.

Why would I want to get "where" you're at when your world is crashing down and you might not have a job tomorrow? And why would I want a paycut to take your job?

 

[LegendKiller]

Originally posted by: Naustica

Originally posted by: LegendKiller

Originally posted by: Naustica

Originally posted by: LegendKiller

Originally posted by: Naustica
Against.

I have a job.

And what company do you have a job at?

Not that I expect much from an angsty failed trader, but it'd be interesting.

A company with no debt and no need for debt. A highly profitable recession proof company. I would still have a job if the bailout failed. I highly doubt you would still have a job if the bailout failed.

Nothing is recession proof. Don't make assumptions about my job, I've survived thus far. Yet, somehow, you can't even get here, and you're a failed trader too. I guess your finance skills and superior "charting" doesn't quite cut it.

Why would I want to get "where" you're at when your world is crashing down and you might not have a job tomorrow? And why would I want a paycut to take your job?

Sure, a paycut. I didn't know McDonalds hired wannabe finance pros.

 

[IGBT]

..it's a fantasy economy and the game players no full well what they want to do, when to do it and what the outcome will be. We're out of the loop.

 

[ponyo]

Originally posted by: LegendKiller

Originally posted by: Naustica

Originally posted by: LegendKiller

Originally posted by: Naustica

Originally posted by: LegendKiller

Originally posted by: Naustica
Against.

I have a job.

And what company do you have a job at?

Not that I expect much from an angsty failed trader, but it'd be interesting.

A company with no debt and no need for debt. A highly profitable recession proof company. I would still have a job if the bailout failed. I highly doubt you would still have a job if the bailout failed.

Nothing is recession proof. Don't make assumptions about my job, I've survived thus far. Yet, somehow, you can't even get here, and you're a failed trader too. I guess your finance skills and superior "charting" doesn't quite cut it.

Why would I want to get "where" you're at when your world is crashing down and you might not have a job tomorrow? And why would I want a paycut to take your job?

Sure, a paycut. I didn't know McDonalds hired wannabe finance pros.

I'm pretty sure owner of a decent McDonalds make more than you.

 

[ModerateRepZero]

I'm torn. Certainly it's important to have financial market stability so people can trade and not have to worry nationwide about defaulting mortgages. But on the other hand, a premise of capitalism is that companies succeed or fail based on their decisions and potentially become lax or dependent if government steps in (people who know/remember the Savings and Loans scandal back in the 1980s are not surprised that banks once again created a financial disaster by trying to make a fast buck and ignoring/downplaying any risks involved, straying far away from their traditional, conservative role).

If there's one thing I'm certain about, it's that 15, 20, 30 years from now, people on Wall Street will forget the disaster and the lessons, and once again cause financial/market turmoil just because they're addicted to easy money/huge profits and ignore/downplay risks. People never learn, and constant government bailouts will only reinforce this lackadasical attitude/safety net entitlement belief.

 

[AccruedExpenditure]

Historic times, and I don't have enough real information to form an opinion.

 

[PrinceofWands]

Against. I'm opposed to corporations period, and especially opposed to the government using tax dollars to support them when they failed entirely due to their own greed and stupidity. The government doesn't bail out an individual when they screw up, and individuals actually matter (unlike corporations).

 

[ForumMaster]

Originally posted by: 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.

perhaps, but if there is no bailout, you'll suffer the consequences one way or another.

 

[rchiu]

Undecided. It depends on how it is implemented. So far, the plan seems to be rushed, it's created over the weekend, and seems like a panic reaction. Also there is too much politics involved with all the politicians deciding everything. I would like to see a panel that includes Wall St. people, politicians as well as people from academic and other areas to discuss and decide on more thorough solution. There also has to be consequences for the banks that are being bailed out. No BS like bankers still receiving bonus, execs with golden parachute , while we tax payer's money is on the line. And finally, the bailout should be seen as the last resort for distress asset that's deemed critical to the system, we should not throw the money at everything out there.

 

[Pliablemoose]

Against, what's amazing to me is how it's going to get rammed through with the public saying no...

 

[Kirby]

Don't know enough about it to have an educated opinion.

 

[0roo0roo]

on the fence, i'm still not sure.

but it is amusing that it basically renders all promises of more spending by the presidential candidates moot since all the monies been spent

 

[Turin39789]

Originally posted by: ForumMaster

Originally posted by: 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.

perhaps, but if there is no bailout, you'll suffer the consequences one way or another.

fine. let me suffer them

 

[Vette73]

I think Dodd wants to add we, Gov/Tax Payers, get a % of ownership if they take our money. If that happens then I would be for it. They rebuild and we sell the shares off at the end so everybody wins, except the top people get a little less "free" money.

 

[LegendKiller]

Originally posted by: Marlin1975
I think Dodd wants to add we, Gov/Tax Payers, get a % of ownership if they take our money. If that happens then I would be for it. They rebuild and we sell the shares off at the end so everybody wins, except the top people get a little less "free" money.

I think they'll get there. To me it's a natural conclusion.

McCain's calls for government pricing of wages is stupid. Do you want the best running the fund? If so, pay market rates.

 

[FeuerFrei]

CNN had a website poll on this yesterday. 70% of respondents were against the bailout, me included.

I hope they fall on their faces and don't approve jack.

 

[LegendKiller]

Originally posted by: FeuerFrei
CNN had a website poll on this yesterday. 70% of respondents were against the bailout, me included.

I hope they fall on their faces and don't approve jack.

I wonder if 70% are for 25% unemployment and a depression. They should make that one of the poll questions.

 

[Nitemare]

Originally posted by: LegendKiller

Originally posted by: FeuerFrei
CNN had a website poll on this yesterday. 70% of respondents were against the bailout, me included.

I hope they fall on their faces and don't approve jack.

I wonder if 70% are for 25% unemployment and a depression. They should make that one of the poll questions.

How bout an option of bailing them out and making those fucktards that ran it into the ground while profiting immensely bail it out?

John Doe taxpayer is getting bent over and dicked for doing nothing while those with 6-7 figure salaries from AIG are sitting on a beach sipping Mai Tai's with their spoils in the bank.

 

[andy04]

I am not sure if Paulson and his guys are being totally honest this 700bil bailout. This will be so huge we may never be able to pay it back. IMO American ppl are smart enough not to expect anything from the next govt no matter how is elected. So even if we bailout now a few years down the line all hell will break loose as US dollar will worth nothing and countries like China and India whos sole source of income today is US will fall apart and will have a cascading effect on global economy.
I think the feds are trying to make quick bucks as they know at this time congress cannot afford to reject the bill due to political reasons. Some ppl (COEs and politicians and lobbyists) have committed big embezzlements and with this Fed bailout they are trying to suppress the consequences. Actions have consequences and they should not be contained. We the American ppl are fvcked anyways, its either today or few years from now. Maybe today the effects will be milder than tomorrow. After all the feds themselves confess that they in un chartered territory.

 

[rise]

Originally posted by: Nitemare

Originally posted by: LegendKiller

Originally posted by: FeuerFrei
CNN had a website poll on this yesterday. 70% of respondents were against the bailout, me included.

I hope they fall on their faces and don't approve jack.

I wonder if 70% are for 25% unemployment and a depression. They should make that one of the poll questions.

How bout an option of bailing them out and making those fucktards that ran it into the ground while profiting immensely bail it out?

John Doe taxpayer is getting bent over and dicked for doing nothing while those with 6-7 figure salaries from AIG are sitting on a beach sipping Mai Tai's with their spoils in the bank.

yep, i wanna see what is actually passed. giving a 700 billion blank chek with no return for the taxpayers is ridiculous.

 

[BlahBlahYouToo]

Originally posted by: LegendKiller

Originally posted by: FeuerFrei
CNN had a website poll on this yesterday. 70% of respondents were against the bailout, me included.

I hope they fall on their faces and don't approve jack.

I wonder if 70% are for 25% unemployment and a depression. They should make that one of the poll questions.

what i find shocking is nearly 60% here, in what i consider a more educated and knowledgeable demographic, are ignorant enough to vote against.
what's even more shocking is that only 20% are for.
maybe I give AT too much credit. too many teens here that have no understanding of the severity of this.

do you guys just not understand that not doing so will almost certainly put us into another depression era?
seems like you guys are just out to get the CEO's without worry about your own backs.
so you take away his 8 figure bonus. when the economy is in the shitter, he'll still be in his penthouse on park ave. while you'll be worry about the next meal on your table.

 

[waggy]

the main thing that bothers me with this bill is that its beign rushed. Seems like EVERYTHING that the govermetn does while rushing seems to be wrong.