Comments on: Paulson Warns Of "Fragile" Economy

Treasury Secretary Talks To Scott Pelley About The Controversial $700 Billion Bailout

[danstoned]

Paulson: Economy Is In A Fragile Situation

THANKS TO THE REPUBLICON CONGRESS OF 1995 - 2006! John McCain should be proud of his voting record that supported the deregulation of Corporate America, which is the number one cause of all that ails the US economy, and the only reason US taxpayers are called upon to bailout Wall Street. John McCain supporters: as dumb as they get!

[kklasman1]

Regarding:

"one Wall Street analyst to another wrote, quote, ''Let''s hope we are all wealthy and retired by the time this house of cards falters.'' They were writing these e-mails nearly two years ago. "

These two analysts obviously knew what they were doing, which was defrauding their customers and ultimately the American public. While I know it would be just a symbolic gesture, the Feds obviously know who they are and these two should be thrown in jail for the rest of their lives, and fined their entire ill-gotten fortunes.

[txgrouch2006]

OK, how about some "man on the street" real facts?

Has ANYONE on this discussion board been unable to borrow ANY money recently due to lack of available lenders????

How do we KNOW this bailout is really as necessary as they say?

[txgrouch2006]

TERM LIMITS FOR ALL MEMBERS OF CONGRESS

[teejayniles]

the colossal ego of the deal-makers is rivalled by those of the camera crew and Correspondent/anchor Scott Pelley - - the people will have a chance to vote on November 4 and we''ll see on November 5 how many incumbents return to office to keep handing over power to Cabinet Secretaries and lame-duck administration (Bush-Cheney). . .such news treatments of the $700 billion bail-out make me mad and mad and mad !

[fkovacs1]

After watching this segment I was thoroughly nauseated. On the point of how money markets work, Henry Paulson has a lot of nerve to say " I know people in America won''t understand what it means". He seriously underestimates the knowledge of the American people, and has no right to condescend to us in that manner. There had better be a major investigation regarding how this happened, who was involved, and extremely heavy fines paid for this. The people both on Wall Street and up on Capitol Hill all need to realize that we are not the "suckers" they think we are.

[fkovacs1]

After watching this segment I was thoroughly nauseated. On the point of how money markets work, Henry Paulson has a lot of nerve to say " I know people in America won''t understand what it means". He seriously underestimates the knowledge of the American people, and has no right to condescend to us in that manner. There had better be a major investigation regarding how this happened, who was involved, and extremely heavy fines paid for this. The people both on Wall Street and up on Capitol Hill all need to realize that we are not the "suckers" they think we are.

[fkovacs1]

After watching this segment I was thoroughly nauseated. On the point of how money markets work, Henry Paulson has a lot of nerve to say " I know people in America won''t understand what it means". He seriously underestimates the knowledge of the American people, and has no right to condescend to us in that manner. There had better be a major investigation regarding how this happened, who was involved, and extremely heavy fines paid for this. The people both on Wall Street and up on Capitol Hill all need to realize that we are not the "suckers" they think we are.

[Susan Marie]

When is this country going to start helping the middle class people that are constantly taking the fall for all the BAD decisions of this government? Why doesn''t Mr. Paulson BAILOUT us and let us be debt free. An email that was going around made the suggestion that the government divides that $700 Billion between every born American Citizen from the age of 18 and above and split that among us and then we could pay our appox 30% taxes back to the government and pay off our debt. What a novel idea to give the Americans that deserve to get a second chance to start over instead of those that just get richer.

[Susan Marie]

When is this country going to start helping the middle class people that are constantly taking the fall for all the BAD decisions of this government? Why doesn''t Mr. Paulson BAILOUT us and let us be debt free. An email that was going around made the suggestion that the government divides that $700 Billion between every born American Citizen from the age of 18 and above and split that among us and then we could pay our appox 30% taxes back to the government and pay off our debt. What a novel idea to give the Americans that deserve to get a second chance to start over instead of those that just get richer.

[jaxon20001]

That CBS/60 Minutes could turn their cameras and so-called journalists upon the biggest bail-out in human history and not so much as mention the issue of accountability tells me all I need to know about the US media and its value to me as a source of reliable information.

[fkovacs1]

After watching this segment I was thoroughly nauseated. On the point of how money markets work, Henry Paulson has a lot of nerve to say " I know people in America won''t understand what it means". He seriously underestimates the knowledge of the American people, and has no right to condescend to us in that manner. There had better be a major investigation regarding how this happened, who was involved, and extremely heavy fines paid for this. The people both on Wall Street and up on Capitol Hill all need to realize that we are not the "suckers" they think we are.

[jaxon20001]

That CBS/60 Minutes could turn their cameras and so-called journalists upon the biggest bail-out in human history and not so much as mention the issue of accountability tells me all I need to know about the US media and its value to me as a source of reliable information.

[jaxon20001]

That CBS/60 Minutes could turn their cameras and so-called journalists upon the biggest bail-out in human history and not so much as mention the issue of accountability tells me all I need to know about the US media and its value to me as a source of reliable information.

[jaxon20001]

That CBS/60 Minutes could turn their cameras and so-called journalists upon the biggest bail-out in human history and not so much as mention the issue of accountability tells me all I need to know about the US media and its value to me as a source of reliable information.

[brucejones65]

I have just seen the item on 60 Minutes about the bailout, and I have never heard such drivel in my life.
The problem started with the free trade agreements, that were mostly signed into law by Clinton. They were warned about what it would do to our economy, but it was ignored. People out of work, or making less than they were before do not pay debts. Add that to the fact that big companies are only cash cows for executives, and a crash is inevitable. Well it has begun, and spending 700 billion in tax payer money, will only deepen the problem worse. This depression we are headed into, will make the 29 crash look like kids playing hopscotch.
Throwing 700 billion at wall street, instead of on jobs for the tax payers, will be like fighting a flood with a fire hose.
Congress needs to back away from this mess, and get to work on fixing the bleeding of jobs from this country.
I am here to tell you that this bailout will only speed up the crash.

[lynnjf]

Re the 9/28 edition of %u201C60 Minutes%u201D: I%u2019m watching Lesley Stahl walk through the perilous streets of Iraq, wearing%u2026 a bright green jacket! And now%u2026 a bright red blouse! Her blonde hair is uncovered. Everyone else is in camouflage, or at least earth tones. Is she trying to be a walking target?

[hkp93]

I hope that the "cap" on executive compensation also includes some pay back for what they''ve already taken! And the comment that those emails were scandalous is not enough. I hope that those employees who were giving out ratings that were meaningless are all out of work right now. As a middle income American who is working hard to support my family I am outraged at being asked to take on all of this "bad debt". The people who have already lost everything and ended up homeless did not get "bailed" out. Where is the help for them?!?