Congress is being BRAVE! Bravo!
There’s a lot going on in the economy. I know for Congress to stand up and vote no took terrific courage. Economics have multiple resources to respond to capital issues. The proposal needs adjustments. We need to look at what business can do. We need to create jobs. We need to address protections for what now is referreed to Main St. = American people. the Senate voted down any programs to help the people who have been set up, ripped off, etc.
I looked at who is making the money in this deal, and the really big banks would have money from the government, and then resell assets when they come back. They are already selling assets and can make considerable profit on those items. This is just a beginning on the profits that WALL STREET would get. Wall Street can rebound. Economy can abound with real businesses and entrepreunial vision.
Peloisi may not be popular, however she gave a great speech. More eloquently than I. I appreciate her determination to say the taxpayer needs protection now. I was also dismayed that last week a proposal that would help Americans create recovery, have work to do, protect Medicare, and maybe keep their homes. These plans were quickly voted down. Where is justice and concern for the people?
I doubt that quick fixes forged through fear tactics make sound fiscal decisions. Do listen to the news, the is a great drama. Please respond. Hmmm, I am listening, they say that we taxpayers will be paid back or the businesses will be fined. HA! If this doesn’t work in 5 years, those companies will be long gone. Give me a “warrant” paper that is worth nothing….if things were already good enough to buy, we would be there now with greenbacks in hands.
Don’t pay the ones who have created the problems. Pay into the real programs that would create income for working people. I am surprized that Suzie Orman is so positive about the bailout (no matter how they re-spin the name of the plan). She said, “Go to FDIC.com to learn if your $$$ will be protected.”
Entertainment pause:
Warren Buffett is supporting this latest plan. The mortgages is only a small part of the problem. The lens being presented is skewed so we don’t look at the bigger picture. Example, no one is really looking at our own government and it’s hand in their spending and their handshakes with the perpetuaters of the problems that exist now.
I tried listening to Bush, and all I can say is: I don’t believe him. Be back soon.
Try this: Wallstreet: Your loving don’t pay my bills:
Bill Clinton is trying to sell the bailout….things are tough! Of course he stands to loose a lot of money if there isn’t a billout.
Try 451Press.com
March 22nd, 2009 at 5:04 pm
This is the way things should be, get off what we are on now