George's Bottom Line

God!

How much and for how long are the Democrats going to Rape the Country.

I think all places receiving these bail outs should have to open their books up to the public.

We the people want to see what is really going on.

How much are the Democrats going to rape the country? You make me laugh.

Last month, George Bush and Henry Paulson asked for a $700 BILLION stimulus.

Bush and Paulson - Democrats?

No.

REPUBLICANS.

Now seah, my stupid republican friend - Who's raping the country?

The congress should pass the following bills in the first 100 days:
* Union Card check
* Increase presidency term limits to 8 years
* Single payer universal health care
* Remove Presidency term limits
* Change Marginal rates to what existed in 1954-1963.

this is not the fault of democrates but the failed policy of mr bush got us where we are today.

seah: "How much and for how long are the Democrats going to Rape the Country."

Are you deliberately trying to be funny, because that comment made me laugh out loud. You make it sound like Democrats have been in charge the last 8 years, when it has been Republicans in the Administration, and Republicans in the majority in Congress or - more recently - setting new records in filibusters/failed cloture votes in the Senate.

I thought the Republican Party of Ignorance learned in the election just last week that the Big Lie just isn't working anymore.

Steve: "The congress should pass the following bills in the first 100 days:"

Obama isn't an idiot, although you may be to even suggest a 91% top tax bracket like under (Republican) Eisenhower. Actually, by suggesting no presidency term limits I would peg you more as a troll - someone who has fun posting silly comments to get a rise out of readers. Not really irritating, but a bit pathetic.

Listen... this is not a Republican or Demroratic Issue. This economic calamity is the cause of both sides stupidity, greed, and the total lack of caring what is the best of the American People. They work for us, yet it seems that they think the opposite. Both sides are to blame!!!! We cannot afford to keep throwing virtual money into this issue. When you or me, have no way to afford something can we just make money up so we can keep spending? Nope we have to go without. Stop spending money we dont have. We are bailing people, businesses, and industries that took advantage of the situation and got caught with the hot potato. Stop making faiure acceptable!!!

The congress should pass the following bills in the first 100 days. I know the Bush popele did not like this bill. This is not the fault of democrates but the failed policy of mr Bush got us where we are today.Stupid republican friend - Who's raping the country?

2 months left till he takes office, started at 300b now 500b, by then it will be around 1 trillion...what the heck, lets just spend a couple trillion, it's just make believe money anyway (if we don't have any money then it has to be make believe right!) or is China gonna give us some more?

Anyone ever try to think about where all this money is going to come from ? There aren't nearly enough super-rich people in America to tax to come up with the $Trillions this is all these bail-outs are going to cost. I don't care who caused it all, the numbers are astronomical.

Gas is $1.93 where I'm at in Indiana.

That's a stimulus package of it's own!

Where the eff is this money coming from aleady! Enough!

Hey, I am in Indianapolis & the gas this evening was $1.79. We just bought another new car! We are doing our part. Enough with the hand outs that we will be paying for forever!

"Anyone ever try to think about where all this money is going to come from?"

garand911,

The same place that the funding for the Iraq war came from, from borrowing.

Not that your question is not worth asking. It would have been a great question to ask before the Iraq war. The best estimate is that we have spend $1 TRILLION DOLLARS on the war in direct costs.

But that ignores the undeniable obligations to our vets, many of whom are coming back home with post-stress trauma, amputated and paralyzed limbs, and brain injuries. One study set the past, present and future cost of this bloody war at $3 TRILLION DOLLARS.

Did anyone stop to ask where the money was going to come from?

As it happens, and probably temporarily, this is actually a good time for the government to borrow funds. Where do you think everyone put their money when the stock market crashed and everyone suddenly decided that it was too risky to buy corporate bonds? The answer is U.S. treasury bills, aka federal securities.

There are two very sound justifications for borrowing the money right now for a huge stimulus. The first is simple Keynesian economics. If the government holds back now you may have the pleasure of telling your grand kids that you lived through the Great Depression II.

An economy is all about money on the move. An economy where money is not on the move is dead, dead, dead.

The second justification is one that even the most conservative economist would recommend to a business: It makes sense to borrow where the money is used to build the lasting facilities, or infrastructure, that creates future growth.

That's right ... let's keep on rewarding bad. It seems to be becoming the American way.

oops... I meant to say:

That's right ... let's keep on rewarding bad behavior. It seems to be becoming the American way.

The whole idea of creating all of these jobs from rebuilding the infrastructure raises in my mind a number of problems .
1.Will unemployed blue and white collar workers take the jobs?
2.Do we have the skill workers to do a major rebuilding or will we be spending money and time in training and then the jobs are gone?
3 Other than home building is the construction industry in deep trouble?
4. With the demand for building materials high world wide still will we be able to get enough at reasonable cost.
5What about trade unions? Will they buy on to non union workers on job sites?
6. Today is not like the time of the great depression were many people made the lively hood with their hands, not today.
7Big constructions projects take years of planning and time to complete. Do they plan on skipping in this area?

I am all for this but we really need more information than just to work on the infrastructure to help pull the economy up. We need real solutions to the problems not just a laundry list of what might be done.

Listen... this is not a Republican or Demroratic Issue. This economic calamity is the cause of both sides stupidity, greed, and the total lack of caring what is the best of the American People. They work for us, yet it seems that they think the opposite. Both sides are to blame!!!! We cannot afford to keep throwing virtual money into this issue. When you or me, have no way to afford something can we just make money up so we can keep spending? Nope we have to go without. Stop spending money we dont have. We are bailing people, businesses, and industries that took advantage of the situation and got caught with the hot potato. Stop making faiure acceptable!!!

I like the text listed above -

I do recall that yesterday's headline was Pelosi & Reid sent a letter demanding Bush bail out the Big 3 Auto makers....The Big 3 got into the same mess that the housing industry got into..Sell new cars to people that still owe money on their existing car. People that have a huge debit ratio and can't afford a new car that cost $35,000. What the heck....is OUR gov't doing with OUR money....bailing out business that can't operate efficently....punish the business that operate efficently. Looks like the gov't wants to start owning a lot of our business...sounds like socialism to me.....

God!

How much and for how long are the Democrats going to Rape the Country.

Lord, help us see the light here! Just who was it who decided to do a deregulation that set this entire thing in motion? Did I hear, why, the republicans? I think it's time we called it straight here: the rapists are the Republicans.

Everybody voted for change? Where's the change? Obama is taking up where Bush left off on excessive spending.
Meanwhile, the "top 5%" that Obama is targeting to pay for all this extra spending are all moving their money into over seas accounts and getting ready to move their companie sout of the country.

Like I've been saying all along, bend over and get ready to take it up the ...... The middle class is about to pay and pay big.

Books will be written years from now about how all this made things worse - created more misery and made the economic downturn last longer than it would have it more 'market' solutions had been used.

Right wing nut jobs: Give us all a break. Tomorrow Hannity and Limbaugh will be calling for the impeachment of Barack Obama... and the flock will follow, like the mindless sheep that followed George W. Bush into the abyss of Iraq and the Wall Street bailout. Incompetency like that of the Republican administration of George W Bush should be a criminal offense. Read "The War Within" by Woodward and then cry for America.

What about those stupid code names they have now. Renegade and Renaissance...what an F'n joke. Uppity and Arrogant is more accurate. And BTW, that old bag Nancy Pelosi has had 2 years to do something and that loser hasn't done crap to help out America...so it's not ALL Bush's fault...though the majority of it is.

WHAT IS WRONG WITH YOU GUYS? GIVE THESE DEMS, A CHANCE. OBAMA IS JUST TRYING TO GET US OUT OF THIS MESS THAT THE REPUBS, GOT US INTO. HE IS DOING WHAT HE SAID HE WAS GOING TO DO ON THE CAMPAIGN TRAIL. WHAT ELSE CAN HE DO? OR BETTER YET DO YOU HAVE ANY GREAT IDEALS THAT YOU CAN SHARE WITH THEM,THE PEOPLE? IF NOT, KEEP QUIET AND LET THE PEOPLE WHO KNOW HOW TO DO THE JOB,DO IT.

bush spent incorrectly, in a way that doesn't benefit the whole population all of the time. Instead a few (dam few) part of the time. Obama will need to spend correctly in a way that benefits every citizen all of the time. He needs to get the money (all the money)moving in all directions every day between every person. The money going to the oil and product manufactures out side of the country needs to stop. Import/export dollar for $ both ways. You don't buy we don't buy. You buy we buy.

Just wait, PELOSI & REID will be asking to bail out the airline industry. then they will put massive restrictions on th Oil & Gas Industry that these companies will have to charge us $5.00 a gallon to break even. News Media will put the blame on Big Oil companies instead of PELOSI & REID. I just heard that the Dem's want ALL ranchers to take down their high fences. I guess it is inhumane to keep the wild aminals on your property. Say good bye to wild game hunts and the way you now earn a living.

California...would you PLEASE vote out the Bitxh Pelosi....thank you...

what everyone needs to remember is the republicans bear the fault on this one. I bet our deficit is being understated by bush just like it was with bush senior. When clinton took office we found out it was double what was stated. This is going to take a massive amount of money to fix, better ge ready, but hey some new bridges here is better than in iraq.

Ya'll print some more money. It's Obama's turn to get paid.

I THINK THAT EVERYONE SHOULD JUST LET GOD LEAD AND DIRECT OUR PRESIDENT,AND STOP FUSSIN ABOUT DEMOCRATES OR REPLUBIC BECAUSE NO MATTER HOW YOU FUSS ABOUT IT,IT'S ONLY GOING TO BE DONE THE WAY THE LORD SEE'S FIT NOT US!SO WE NEED TO PRAY AND ASK THE LORD TO TAKE CARE OF US,AND STOP WORRYING ABOUT THINGS YOU CANT CHANGE

It is just so easy to blame everything on Bush, but Congress has to take its fair share of the blame. Nothing is done in isolation. If everything is done by Bush alone, why bother even electing a Congress. The democrats have had control over the last 2 years and they haven't made anything better either. Both parties can share the blame.

With all of this spending, we are leaving a lot of debt for our future generations to have to pay off. We have to be looking at ways to also be cutting the budget also. We cannot continue to bail out every industry that has its hand out.

Well if you don't want it you can send your share back.

Any takers?

Not only has bushed bailed out Banks he has given them a tax brake at the same time, and now I read that our bail out money is going for bonuses.

I am sure those bonuses are really making an impact.

Welfare for the rich, a republican idea.

We are already in a DEPRESSION!!!

They just won't say it!!!

The markets just need to crash!!!

Everybody voted for change? Where's the change? Obama is taking up where Bush left off on excessive spending.
Meanwhile, the "top 5%" that Obama is targeting to pay for all this extra spending are all moving their money into over seas accounts and getting ready to move their companie sout of the country.

Like I've been saying all along, bend over and get ready to take it up the ...... The middle class is about to pay and pay big.

Posted by: S Adams | Nov 11, 2008 10:14:32 PM

Obama doesn't take office until Jan 20th. Until then, put a cork in it on what he is or is not doing. It's amazing you people are complaining already and he isn't in office yet.

It is just so easy to blame everything on Bush, but Congress has to take its fair share of the blame. Nothing is done in isolation. If everything is done by Bush alone, why bother even electing a Congress. The democrats have had control over the last 2 years and they haven't made anything better either. Both parties can share the blame.

With all of this spending, we are leaving a lot of debt for our future generations to have to pay off. We have to be looking at ways to also be cutting the budget also. We cannot continue to bail out every industry that has its hand out.

Posted by: concerned citizen | Nov 12, 2008 12:02:02 AM

Who was in control the 6 previous years? That's right, the Republicans. This just didn't happen in the past two years.

Good grief people - will you never let go of your toxic mumbo jumbo! At least 70% of our country voted against that kind of rhetoric - or didn't you hear?

we NEED raparation for black people, that is the only way to heal the nation

You folks are fools if you think gas prices will stay below $2 a gallon for very long.

As soon as the economy picks up a bit or there's any kind of military conflict involving producer states, the prices will go right back up again.

The problem with US automakers is they kept making kludgy gas hogs, even after the major supply problems of the '70s. The problem with American people is they kept on buying them... until gas got to around $5 a gallon.

What this country really needs is

(1) A very high gasoline surtax

(2) Speed limits back down to 55 mph

(3) Government investment in energy efficiency and renewable energy

Doris,

The Lord helps those who help themselves.

Geeze

To be totally honest I am ashamed of the partisan statements that people make assuming that Obama is responsible for our current financial conditions. He is not POTUS yet and he has assymbled a very responsible economic advisory team to try to figure our a reasonable solution to our economic woes. The "DEEP" hole that has been dug was dug by Bush / Cheney and the Iraq war. The 700B bailout was to pay for the exiting administrations bonuses to keep it real. I trust Obama to make reasonable decisions and I highly suggest that Americans give him the chance to bring the CHANGE WE NEED.

Under the Bush/Republican free market economics imagine - we would have lost the auto-industry, almost all the WS banks and leading insurance companies.

Where as Germany has the strongest economy in Europe - and is the most industrial nation on earth - and they back their industry.

Jesus, where are we going to get this money?

Steve:

If you want the things you write than go to Russia they already have it! I am sure they will welcome another Brain Dead person into their country! While you are there tell Putin we all said hello and go to He**

NO MORE BAILOUTS!!! IF THE MONEY DON'T COME DIRECTLY TO US, THE PEOPLE, THEN WE SHOULDN'T BE GIVEN IT OUT. IF YOU WANT TO STIMULATE THE ECONOMY, GIVE US THE MONEY TO SPEND!

way to go guys----put 500 billion in the economy--spend it at wallmart --and the waltons plus the chinese will be the benifactors----DO SOMETHING ABOUT FOREIGN TRADE AND GET SOME OF OUR JOBS BACK.---and stay away from free trade with colombia,or we will be in worse trouble.we dont want to be a third world country.

will
would it not be nice if we got a 50% rebate on a new fuel efficient car---the auto industry would boom, and we all would benifit in many ways----less oil dependancy----cleaner air----more money in circulation cheaper transportation. but once again it is all about big business---the same old crap.

Wow, am I really seeing Republicans complaining because they might get some of their tax dollars BACK? I thought that was the ultimate goal of the GOP: to put more money in the pockets of the consumers.

I'd rather see a $500 billion stimulus than giving $700 billion to Wall Street thieves and low lifes so they can pay their bonuses and big salaries. Its sink or swim time for Wall Street bankers.

YOU CAN BE ASSURED THAT BUSH WILL TAKE CARE OF HIS BIG BUSINESS FRIENDS BEFORE HE IS GONE-----AND THAT IS A FACT.

Want to know how they are going to do this?

The democrats in the house are now talking about taking everyone's 401K and converting it to the Social Security Administration to control. If you don't believe this, check it out for yourselves.

I will be in the streets of Washington if the government takes my 401k to put it under S/S control, were they can redistribute it to others.

WANT TO HELP AUTO INDUSTRY ,AS I STATED EARLIER--GIVE US A 50% REBATE ON FUEL EFFICIENT CAR. NO MONEY DIRECTLY TO THE MISMANAGED INDUSTRY.

I actually think that it is going to take something like that to get this economy back on track.

Absolutely ridiculous... When will the spending stop?! How are they going to finance it? If Obama goes back to his original misguided plan of taxing the workers of America who actually pay taxes, he might further hurt the economy... I think he's trying to accomplish things too fast without thinking about all of the implications... The economy is in a bad state, and a bout of frivolous spending is not going to be the magic fix.

It's all wrong when 1% of the American population have 80% of the wealth AND they get MORE of our money when they tank their businesses. What is wrong with this picture???

A stimulus could make sense if it included spending on things we should be spending anyway, and just sped it up, e.g., the construction of dozens of new nuclear power plants. Chances are though that most of this stimulus plan won't be spent this productively.

Independent minded, you need to read a little more than the fear-mongering, right-wing sites. That whole story about 401(k)s and Social Security is one big urban legend. True, there is talk of changing S.S. and allowing people to roll 401(k) money into it, but there is NO talk of the gov't simply taking your 401(k).

I voted for Obama and support and trust him. However Palosi and gang are bad news. These same people purposly made Americans suffer for the last two years just so we would blame the Republicans and the Bush administration and assure a Dem win for the President. Remember when they were going to vote on the energy bill and decided to take time off instead. Obama needs to put her in check fast. Everyone said, including myself, why would we award the Reps with four more years after eight years of failure? Well then why did the American public award the Senate with more Dems after two years of failure?
Again, and I may be wrong, but I think they knowingly made us suffer and played with our finances, energy and peoples lives just to fill their own agenda. Americans should be outraged!

Let me understand this: People who lost jobs at McDonald's, Macy's and the bank are going to build roads and bridges to 'stimulate' the economy? Not long ago, on C-Span, a gentleman said: The IRS list for rebate checks is already in place. These checks should have been sent out the first week of November. Let the real sufferers stimulate the economy.

You want to know who's to blame for the economy? Most people are lemmings and would rather take the opinion of CNN or Fox News and take the route most people in this thread have: Blame the politicians - and that's it. Sorry people, but BOTH parties are to blame, but only partially. Banks are even more to blame, and people that took loans they had no business taking are to blame too.

It all boils down to greed. Banks gave people the max that they could legally loan them (unethical, but not illegal). However, people need to take responsibility for their own actions. If they had look at their incoming cash, they should have realized that it would be extremely tight or impossible to take the maximum amount offered by the bank. They should have planned for the future and took the option of a smaller loan - that they could afford.
Sorry, but you don't go to the car lot and trust the used car salesman when he says "This car is the best deal & it's in perfect shape". If your smart, you take it for a test drive (and by a mechanic, if possible).
Frankly, I'm sick of the attitude people of had - "It's some political party's fault, or it's just the banks fault....." News flash: If people don't take ownership in their part of the greed, history will repeat itself.

Why does everyone, especially the media, talk like Obama is already president?

We got what we voted for.

Bend over folks and take one for Obammy....

All those mocking Obama for this possible move would be the first people to mock Obama if he did nothing.

I am still 100% Obama fan..But I wouldnt have bailed out no Industry.If the Government wants to give out money, give it to the American People.What did the News say, if I remember right, Wasnt it if the 500 bill went to all the workign people in the U.S. it would have been like 125k to each of us? Now that would have boosted the Economy!

I am outraged that we keep pouring money into these giant businesses that can't seem to be responsible. AIG, for instance, just got 40 billion more over the weekend when they've been found to have executives out playing extravagantly on the company bill! Whose watching over these people? Is there absolutely no regulatory properties to getting this bailout money? I'm appalled.

Now which economic adviser do you think is pushing for this? Probably Jennifer Granholm who wants billions for the auto industry. Forget the fact she facilitated their demise with outrageous taxes and ran the state of Michigan into the ground! It is very telling that Obama would include her in on his team of "economic advisers." What are you thinking Warren Buffet?????

Too ad we spent all this $ in the Iraq War. Too bad we can't take back some of the $ we gave to teenage moms as an incentive to have more children. This $ could be used to boost the economy.

Democratic Congress: Just give $1 billion to every Congressional District, divide it up equally among the regional banks, the savings and loan associations, and the credit unions and demand that they start making mortgage and commercial loans. From the bottom up, right? And if the Democratic Congress doesn't start prosecuting some of these crooks for fraud, then it isn't going to be a Democratic Congress for very long!

Re: Paulson's decision NOT to help distressed mortgages: I never thought the day would come when I would agree with bin Laden and al-Qaeda that the greatest threat to the world today is the Big Banks and Wall Street! Paulson should be tried as a traitor! He is robbing and raping the American taxpayers to enrich his buddies on Wall Street. Where is the help to small banks that make loans to small businesses? They aren't getting any of this money. We'll be in a revolution within 2 years. They're going to need those FEMA concentration camps.

Wasn't Obama the one saying he was going to bankrupt the coal industry unless they adapt and make clean coal, but now he wants to give the auto industry that makes the gas guzzling,air polluting cars a ton of money? Is it because the unions gave him so much money for his campaign??

You SAID it, eah.

All the little kiddies just want free gummint money to pour out THEIR faucets regardles of the fact that money won't be worth ANYTHING once the libiots are through.

Boy that "injection of capital" sure made the housing market more gooder, didn't it socialist libiots..

Sounds efficient eh? like fuel injection.. so it MUST be more-gooder.

uhh yaah until your run out of fuel besides the DREGS that is our dollar already.

Who'd have thought that the greatest country on earth would be sabotaged from within, and by IDIOTS where minful voters were to be??

I'll field that one. I've suspected this demise after watching libiots evolve since Carter, and Clinton dealt the fatal labotomy.
Now theyre flatline and don't even know it.

Jen-

You're statemnt is completly ignorant! You wonder why racism sstill exists??

You think the only way this country will heal is if there is reparartion for black people?

If blacks don't like it here, they can go back to Africa and see how much better off they'll be!!!

Just 500 billion, thats all Obama? and where is this money coming from? thats right US...........

I am still 100% Obama fan..But I wouldnt have bailed out no Industry.If the Government wants to give out money, give it to the American People.What did the News say, if I remember right, Wasnt it if the 500 bill went to all the workign people in the U.S. it would have been like 125k to each of us? Now that would have boosted the Economy!

Posted by: Demo Rules | Nov 12, 2008 11:39:02 AM
----------------------------------------

More like a check for $300.00. Ignorant people like you are what got the dumb a** Obama elected!

Time to start stringing them up and hanging them from the Wall Street sign. Paulson is a crook and he is using that $700 billion as free money to his friends on Wall Street. Do you remember the news stories about how Paulson had to "demand" that those banks take the $25 billion he was offering? What a joke! Well, the joke's on them. Times are changing, folks. Stock up on water, food and ammunition. What is it our founding fathers taught us? Democracy isn't free - you pay for it with blood? Well, the revolution is coming.

Well "over it" you don't know what the hell he is going to do for sure because he doesn't have the power yet! Bush is still in charge, remember?

Why is it so hard for people to try and work together to fix this problem instead of sitting here bashing each other?

we NEED raparation for black people, that is the only way to heal the nation

Posted by: jen | Nov 12, 2008 2:50:20 AM

______________________________
We should stop the talk about reparations for black people. THAT is the way to heal this country.

Wake up, people! The neocons who control this govt. and who are running our economy off a cliff WANT us to bicker with one another. We're not the problem. The problem is the crooks on Wall Street and their friends in Washington. They are the real enemies of the American people. Wake up! Get ready to earn your Democracy through blood and revolution. We've tried it the peaceful way. It doesn't work! Stop fighting with each other and start working together to get our country back!

Everyone is so greedy. Everyone. America is broke and we don't need to be giving out money to anyone, not here nor foreign countries. We need to concentrate on getting our Country out of this mess. Let all of the corporations go under. It will not cause the end of the world. Take the millions that were given to the crooks away from them and pay down the debt. This would be the worst punishment for them. Also, the jails are full, no room for all the crooks because their are too many of them.

I'm all for reparations. We've sat back long enough waiting for them. Maybe with a brotha in the white house we can get ours.

a world full of sheep being led to slaughter by the New World Order

D-day December - 21,2012 11:11am

I want reparations AND a stimulus check....GIMMIE.... GIMMIE..... GIMMIE... What a great life!

I don't recall anyone saying they were 'tired of the same' 3 years ago when they were raking in the cash from investments... Oh ya, that's right: that was BEFORE the Dems took over Congress!!! </