With the senate to vote on the bailout tomorrow, did you see Ron Paul’s speech in House?
Wednesday, December 9, 2009 1:42 | Filled in Elections
http://www.viralvideochart.com/youtube/ron_paul_corporatism__not_free_markets?id=ticytEUvVhQ
If you are against the bailout are you calling/faxing/emailing your senator?
No bailout, no way, no how!
IMHO.
What do you think?
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Ying Ding Aing says:
December 9th, 2009 at 7:51 pm
The bailout allows the government to buy assets at fire-sale prices, most of which are still perfectly safe mortgage paper. Even if 20% of the mortgages backing the “bailout” securities fail, over a decade or so the government still stands to make money.
The bailout option isn’t giving Wall Street a break, it’s putting it out of its misery and allowing it to start over.
R J says:
December 12th, 2009 at 4:22 pm
No, now yes and thanks. I don’t understand what the problem is, i mean they say if we don’t do this it wILL BE THE END OF THE WORLD AND HURRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Wonder why they don’t allow Rep. Paul and posse to look into it. This thing reminds me of some kind of pressure cr salesman deal. It is insane to do something that we know nothing of. I trust Dr. Paul and group will fight and actually have some help, until they can see how much is junk and then turn around and get the $100 millions in bonuses all those guys all those years have gotten and then fix the deal.
But HURRY the WORLD will FALL APART………………………….. What about what people lhave lost at athe casinos here in MISSISSIPPI!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
davethenayber says:
December 14th, 2009 at 6:17 pm
This bailout will further weaken the dollar.
See how high oil prices go if this bailout passes.
Congressman Paul makes an excellent point in asking why we ask for solutions from the same people who caused this.
Bush said that if this does not pass, the damage will be “painful and lasting”.
Sounds like a threat to me.
slew says:
December 17th, 2009 at 4:32 pm
I saw the article and was shocked that people are saying We might make money on this. Do they know what the administrative cost for something like this. What ever the government does, it will escalate with it’s huge bureaucracy. I agree, it feels like a car salesman pitch. I was in a Toyota dealership of Van Nuys and they won’t let me leave. They double team me, and barrage me with insults since I stalled. They make it sound like I have to decide now, or the world will end. What scares me, is I read the LA times and watch MSNBC, and it feels like an informercial. They did not even offer the counterpoint on why we shouldn’t go for it.
I was outraged on what I saw Reid and Pelosi said. They will try again with a responsible version of the bill. If they knew the first bill was irresponsible, why did they push it through rather than wait around to hammer a proper one out.
What gets me is that the government allowed huge corporations to merge and run amuck destroying small businesses. they say it’s good, because it lowers prices, but did not mention that it increase the serperation of rich and poor. We did nothing to save the small businesses. Finally when the huge companies are in trouble, we decide to help them, and not care about the small business that survived and could move up to replace these goliaths. This society is trying to create a two class system. Our economy would not be in such trouble if we had more competition. Our economy has become to dependent on too few companies. We are back to days of the robber barons. One company now can black mail our whole economy and force us to give them billions.