Comments on: Treasury Sends Congress Unprecedented $700 billion Bailout Plan http://wallstreetpit.com/523-treasury-sends-congress-unprecedented-700-billion-bailout-plan Tue, 22 May 2012 19:21:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Danny Diaz http://wallstreetpit.com/523-treasury-sends-congress-unprecedented-700-billion-bailout-plan#comment-15137 Danny Diaz Fri, 10 Apr 2009 00:46:07 +0000 http://wallstreetpit.com/?p=523#comment-15137 "We the people" have failed again, by putting faith in an unfaithfull government. $750 billion to help those in need. Now that the funds are almost liquidated. Do we need to approve another $750 billion to start that process????? An American Fool “We the people” have failed again, by putting faith in an unfaithfull government. $750 billion to help those in need. Now that the funds are almost liquidated. Do we need to approve another $750 billion to start that process?????

An American Fool

]]> By: Howard http://wallstreetpit.com/523-treasury-sends-congress-unprecedented-700-billion-bailout-plan#comment-2855 Howard Fri, 26 Sep 2008 17:25:09 +0000 http://wallstreetpit.com/?p=523#comment-2855 First the Democrats blindly follow Obama ... now, they are willing to blindly follow Reid, Bush and Paulson ... in a decision which could dramatically affect every American for decades. Well, thank God, Senator John McCain, Senator Shelby, and hundreds of economists don't just want to take a few people's word for it. Already, Reid has tried to tack additional pork, like Acorn, to this bailout. I didn't think I could dislike inept Harry Reid, with his 15% approval rating, any more than I already did, but this isn't about Reid being left alone to decide America's future. It will be interesting to look back at this in retrospect, to see if we really did have to RUSH this 750 Billion dollar decision ... and, who really benefitted from pushing it through so quickly. Also, what's Alan Greenspan's opinon ??? First the Democrats blindly follow Obama … now, they are willing to blindly follow Reid, Bush and Paulson … in a decision which could dramatically affect every American for decades. Well, thank God, Senator John McCain, Senator Shelby, and hundreds of economists don’t just want to take a few people’s word for it. Already, Reid has tried to tack additional pork, like Acorn, to this bailout. I didn’t think I could dislike inept Harry Reid, with his 15% approval rating, any more than I already did, but this isn’t about Reid being left alone to decide America’s future. It will be interesting to look back at this in retrospect, to see if we really did have to RUSH this 750 Billion dollar decision … and, who really benefitted from pushing it through so quickly. Also, what’s Alan Greenspan’s opinon ???

]]> By: Thinking Outside the box http://wallstreetpit.com/523-treasury-sends-congress-unprecedented-700-billion-bailout-plan#comment-2853 Thinking Outside the box Fri, 26 Sep 2008 14:54:19 +0000 http://wallstreetpit.com/?p=523#comment-2853 For all of you closed minded individuals. The people who have lost their homes to foreclosures and having to file bankruptcy are partly the government and private parties fault. Yet, whatever happened to self responsibility. Why is it that every action we as free citizens in the United States must the negative happenings be almost entirely blamed on someone else, or more likely the Government. Take responsibility and research and plan accordingly when purchasing your homes or making any financial decision. What do you expect to happen when you talk a variable interest rate mortgage? You individuals who are so ignorant to think that things will be fine and dandy all the time deserve to pay the price for making ill advised decisions. You remind me of those parents from Fahrenheit 9/11 who encouraged their children to join the armed services and then bitched about their deaths overseas. When you are sworn in you promise to follow the commander and chief and protect this country at all costs. What, did you think that joining the armed forces was going to be a cake walk sitting back in the States and never go to war. What the hell do you think the Armed Forces were created for? Lastly, for all you media junkies, Read several articles from both political parties if you want to make educate arguments. You cannot believe everything you here from whatever creditable source you think you are getting your information from because everything is a business and tailor news to sell and not to educate the public. Also, remember the most important thing, "it is easy to be a back seat driver, but if you really want to make a difference hop in and do something about it if you don't like what is going"!!!!!!!!!!!! For all of you closed minded individuals. The people who have lost their homes to foreclosures and having to file bankruptcy are partly the government and private parties fault. Yet, whatever happened to self responsibility. Why is it that every action we as free citizens in the United States must the negative happenings be almost entirely blamed on someone else, or more likely the Government. Take responsibility and research and plan accordingly when purchasing your homes or making any financial decision. What do you expect to happen when you talk a variable interest rate mortgage? You individuals who are so ignorant to think that things will be fine and dandy all the time deserve to pay the price for making ill advised decisions. You remind me of those parents from Fahrenheit 9/11 who encouraged their children to join the armed services and then bitched about their deaths overseas. When you are sworn in you promise to follow the commander and chief and protect this country at all costs. What, did you think that joining the armed forces was going to be a cake walk sitting back in the States and never go to war. What the hell do you think the Armed Forces were created for? Lastly, for all you media junkies, Read several articles from both political parties if you want to make educate arguments. You cannot believe everything you here from whatever creditable source you think you are getting your information from because everything is a business and tailor news to sell and not to educate the public. Also, remember the most important thing, “it is easy to be a back seat driver, but if you really want to make a difference hop in and do something about it if you don’t like what is going”!!!!!!!!!!!!

]]> By: R. Dorsey http://wallstreetpit.com/523-treasury-sends-congress-unprecedented-700-billion-bailout-plan#comment-2774 R. Dorsey Wed, 24 Sep 2008 15:35:55 +0000 http://wallstreetpit.com/?p=523#comment-2774 As we the people assume the "$700 Billion Bailout", once again we are continuing with the plan, "by the people but not for the people". If they want to exhaust that kind of money then help the people as opposed to charging the people the duty of repaying this loan. They could take that money and pay every foreclosure amount only due, adjust and lower their interest rates, then give them a fixed rate, which will be better suited for helping the people and the economy. It is sad that in order to bailout companies from poor mismanaged financial debt the people suffer with the cost of repaying a loan for someone else. We shouldn't have the burden of repaying this money. it is their fault that they are in this situation. Greed set in and they devised a way to get more money from the mortgage industry, what did they do? They set the standards for credit worthiness and when they realized people couldn't buy because of credit worthiness, they made available for them to buy utilizing their non-perfect credit worthiness and/or not enough income. Pretty much the same thing was done with the car industry. When people stopped buying new cars, holding onto older cars, and was turned down because of credit worthniess, they started this no matter what your credit looks like you can own a car. Greed will one day kill us all, because greed only thinks about the right now moment and not the overall long term effect. As we the people assume the “$700 Billion Bailout”, once again we are continuing with the plan, “by the people but not for the people”. If they want to exhaust that kind of money then help the people as opposed to charging the people the duty of repaying this loan. They could take that money and pay every foreclosure amount only due, adjust and lower their interest rates, then give them a fixed rate, which will be better suited for helping the people and the economy. It is sad that in order to bailout companies from poor mismanaged financial debt the people suffer with the cost of repaying a loan for someone else. We shouldn’t have the burden of repaying this money. it is their fault that they are in this situation. Greed set in and they devised a way to get more money from the mortgage industry, what did they do? They set the standards for credit worthiness and when they realized people couldn’t buy because of credit worthiness, they made available for them to buy utilizing their non-perfect credit worthiness and/or not enough income. Pretty much the same thing was done with the car industry. When people stopped buying new cars, holding onto older cars, and was turned down because of credit worthniess, they started this no matter what your credit looks like you can own a car. Greed will one day kill us all, because greed only thinks about the right now moment and not the overall long term effect.

]]> By: taylor http://wallstreetpit.com/523-treasury-sends-congress-unprecedented-700-billion-bailout-plan#comment-2741 taylor Tue, 23 Sep 2008 12:31:12 +0000 http://wallstreetpit.com/?p=523#comment-2741 This plan reaps of tax dollar rip offs! It's deja vu of Bush Sr. bailout of the S&L. What about the people who have lost their homes and their credit is shot? Are we going to save the ones credit who have no defaulted but are on the edge. If Lehmans can afford to pay their CEO 45 million in salary for backrupting them then they can bail theirselves out! I say wait til after elections and let the new President decide and put forward a proposal. Bush is on his way out and like his father is trying to make all his pals rich just like the S&L bailout! How soon we forget this families actions and how they have destroyed the structure of this great country! No bailout until after the election! This plan reaps of tax dollar rip offs! It’s deja vu of Bush Sr. bailout of the S&L. What about the people who have lost their homes and their credit is shot? Are we going to save the ones credit who have no defaulted but are on the edge. If Lehmans can afford to pay their CEO 45 million in salary for backrupting them then they can bail theirselves out! I say wait til after elections and let the new President decide and put forward a proposal. Bush is on his way out and like his father is trying to make all his pals rich just like the S&L bailout! How soon we forget this families actions and how they have destroyed the structure of this great country! No bailout until after the election!

]]> By: Hardik Arsekar http://wallstreetpit.com/523-treasury-sends-congress-unprecedented-700-billion-bailout-plan#comment-2660 Hardik Arsekar Sun, 21 Sep 2008 12:26:54 +0000 http://wallstreetpit.com/?p=523#comment-2660 I was wondering if you are interested in exchanging sidebar backlinks with blog on technology. I was wondering if you are interested in exchanging sidebar backlinks with blog on technology.

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