Want Some Government Money? Apply Now!

...what offal truth said. Nov 12, 2008 6:02:59 PM

Wow. Yeah Obama is going to save us all, right? This looks like something that would happen in a third-rate country like China, not the U.S.

Wait a minute, how can they change the plan when they've already given almost all the money away? Out of 700 bn., papers reported today that only 60 bn. was left!

Watched a segment on one of the news stations in which the Mayor of Philidelphia wants some this bailout money for his city. Because he claims if the Gov't will bailout the insurance, financial anda uto industries that they should bail him out.

So now the mess begins everybody wants a piece of the pie (tax payers earnings), why doesn't the media investigate the real causes of this Crisis? Oh maybe because it points back to Frank, Dodd and even Obama.

How much is enough? And I want to know WHY Obama is doing something? I know, I know, he is not president until January 21, 2009, but he has GOT to get in there.

He will INHERIT this big ol' bowl of crap. Right now, in the press conferences, he seems to be out of his league without a teleprompter.

Heck, last friday, all he could do was make some assine comments regarding Nancy Reagan.

Hey Obama! Get out of campaign mode! You may not be president yet, but you still are the darlings of the MSM! Make your comments known!

STOP planning your inaugural bash and START planning to get us out of this CRAP!

Democrats got us in to this. Now, Democrats will get us in deeper.

This country is simply crazy. Where has the press gone?

"Bush in September: It's a crisis! Urgent! Urgent! I need $700 billion immediately or the economy will collapse tomorrow.

Bush now: Thanks for the cash. Hmmm. Hey Vice (Cheney), what should we do with it?"

For a lame-duck president, he sure can bend those democrats over. It's almost as if they don't care...hmmmm.

No way!!!

Why should the tax payers bailed out the weak businesses. If the Big 3 Autos fail, consumers will buy from Toyota, Honda and Nissan .... who also manufacture cars in the US with American workers (just not around labor union dominated Detroit).

Where do we stop? Do we bailed out Sharper Image? Mervin's? Linen n' Things? Possibly subsidize slower sales at Starbucks and Sears?

I paid 20% down for my house and secured fixed 30 year interest payments. Why should I help bailed out those who paid next to zero down, low initial interest rates with ramp ups after five year, took out and spent their second mortgages when home prices increased? Did they share their wind-fall profit with me?

Obama will save us all, 51% are getting checks now, the end is near, Rome lasted until 51% were on state welfare.

We are not a serious country, and socialist to boot. Our descent has begun.

Remember that the republicans voted against this stupid plan until the democrats bamboozled them into voting for the plan/

HOPESPRINGS??? Are you kidding me??? The republicans did this and THEN the dems jumped on the bandwagon???? What planet are you from? Did you not see Barney Frank and Nancy Pelosi jump on this immediately? Did you not witness ALL OF CONGRESS jump on this immediately? All of them are responsible and they never took an ounce of responsibility. IF you will look at the congressional voting history to see who voted YEA or NAY on the bailout, you will see that most of the republicans voted NAY! Are you that much of a partisan that you are blinded by the facts that are right in front of your face? All of these slugs should be voted out!

I also told everyone that
i disagreed with my own president on this basilout HOAX and i screamed like hell
when the republicans did this..

We were LIED to by the FEDS and then our stupid congress (which CAUSED this mess) by the subprime mortgage fiasco thanks to the dems) pushed the republicans to buy into this VILE BULLCRAP and now we find out
that bernenke LIED and used the money to purchase the STOCK in these companies
How many of the people on wall street got rich off this BAIT AND SWITCH DEAL..

I will open an institution if they will give me $25 billion (max amount on the form allowed). Me and Wilma can take Pebbles and Dino out for a good vacation. Heck, we can have Barney, Betty and Bam-Bam come along too! Our house is in danger of being foreclosed on in Bedrock and Mr Slate is closing the rock quarry.

If you're robbed and the cops ignore your pleas for help, what are you supposed to do?

Credit Default Swap Scam 101.

Players: Insurance Company, Buyers of insurance, Some Event, Taxpayers

Buyers pay $10 billion and gets $100 billion from Insurance Company if Some Event Happens. Event happens. Insurance Company goes bust. Buyer of lucrative insurance contract wants to get paid. Cries to DC. DC buys these contracts. THERE IS NO ASSET. THERE IS ONLY PAYING THE INSURANCE CONTRACT. The taxpayer gets NOTHING and pays to rich Insurance holder. The original $10 billion premium already paid the insurance companies CEO salary and lavish lifestyle.

That is the SCAM.

Same as betting in Vegas. Pay $25. In case something happens you either get nothing or get say $100. This "contract" is otherwise known as a "bet."

Man, I'm glad they didn't bail out VCR manufacturers..

I hope to catch up to my friends at AIG on one of their outings.

And WHO warned about the mortgage crisis that was coming back when it was discovered???
GW Bush and John Mccain, but the same crooks got re-elected again by the same stupid people who now whine about it. H L Mencken had it right when he said "nobody ever went broke underestimating the stupidity of the American people".

How many points is the Dow off since last week and how low will it go?

These mortgages should have been frozen for 5 years and made assumable, if the fools who couldn't make the payments STILL can't, at least they will be bought by people who can...no taxpayer money required.

We get hosed everytime. and it'll be 10 times worse after jan 20th.

To hell with the Big 3. They need to go belly up. I hate my government.