Comments on: The Bailout And The Law

With Memories Of The S&L Mess, Andrew Cohen Asks: Please, Let's Do Better This Time …

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by puritan9 September 24, 2008 3:09 AM EDT
The $700 billion handout is socialism and welfare for filthy rich corporations. These CEO''s should not be rewarded with million dollar bonuses with tax payer money. $700 billion is enough money to make every American a billionaire twice over - but that will not happen - only the rich will get richer with checks from the Bush Administration. All the top corporate officers of banks, investment firms and other loser companies that get tax payer money should have to sign over their personal property as collateral, just as ordinary people when you have to get any loan. Most of the big CEO''s just like most of Washington lawyers and politicians are idiots. They do not know anything more than any common man on the street. They just do not want to work a real job for a living. All these smart Washington minds have scr-wed our country more than any enemy could. Wall Street insiders controlling our government is the ultimate insult to the tax paying public.
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by cbell8979 September 24, 2008 1:01 AM EDT
Why is "bailouts" even open for discussion? Tell the overpaid CEOs to give up a few million of their overpaid salaries and get rid of the people that are total dead weight. There is so much corruption in these big corporations, that it is pathetic. I am employed by AIG and they have so many people stepping over each other, doing the same job, that they have no idea whether to SH-- or wind their watch. Where was the government when all these crazy mortgages were being handed out? If we, the public, knew about all of this, why was it allowed to go on? The government makes us taxpayers pay for their lack of accountability? We need to clear the decks in government and large corporations and start over with some people that can add/subtract and have some sort of code of conduct and sense of fairness and honesty. I think if we have to pay taxes, we should be able to vote on what and how our money is spent. What happened to the "government for the people and by the people?" I for one am sick of picking up the pieces.

Carole Bell
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by p111_1999 September 23, 2008 10:06 PM EDT
The CEO of these companys, should walk out with nothing, not a bonus not nothing, but a kick in the butt going out the door. If they get a service pension then do not use my tax to bail out these butt hole, so they get rich and I''m sitting home with cancer not working after 38yrs of service to a company who cut my job in 2003 cause company wasn''t doing, so the ceo cut job then he retired with a big bonus, so how does a company do bad and ceo do good, and the worker, get laid off these need lookin at too. And yes try to get on disability is a joke if you really need it too, well just mad at the world today.
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by noloyalisti September 23, 2008 8:49 PM EDT
Isn''t this already the second (or third) time these criminals are asking for corporate welfare? And they don''t want oversight? I am so pissed off right now. The nerve of the right wing corporatist wackos led by McBush and McSame.
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