Comments on: Obama Asks Americans To Support Bailout

Democrat Says American Economy Needs Rescue Plan As Crisis Has Moved Beyond Wall Street

[banders6]

Don''''t understand why all of you are harping on Obama when Mccain said the same thing yesterday and is voting for the bill as well. Thats fine turn a blind eye to your candidate. If you hate the bill that much vote for Nader.
Posted by Darrell426

The difference is McCain is for the people, and I''m not saying polical reasons are not there also, but Barack is voting for himself.

[mrsmarrero]

f Barack only increases taxes on those making $250,000/year, just who do you think those people are? Your employers and companies that produce the goods that we consumers need to buy. How do these businesses deal with their increased taxes? By laying off employees, lowering or freezing wages, decreasing benefits, andincreasing the prices of the products that we consumers need to purchase. Their increased costs will trickle down to us and harm us. Since all residents of the USA are beneficiaries of this government, we should all be contributing to the cost of running this government. A flat-rate income tax across the board or a nation-wide sales tax would be the fairest way to do this. I believe Forbes suggests a flat rate of 17 percent on income, and I assume that with such a low rate, we would do away with write-offs. As for the current bail out, instead of the taxpayers rescuing these companies and not holding them accountable, I think that private businesses should be encouraged to invest in these companies by removing any corporate tax penalties that might ordinarily apply. This would keep the private sector private. The loans that led to this mess should never have been legal, and local governments should have controlled excessive construction and growth so that the market wasn''t flooded with more inventory than we needed. The healthiest growth is slow and steady, not frenzied and erratic as the last several years have been.

[darrell426]

Don''t understand why all of you are harping on Obama when Mccain said the same thing yesterday and is voting for the bill as well. Thats fine turn a blind eye to your candidate. If you hate the bill that much vote for Nader.

[banders6]

You got to love Democoms, they make a problem and get Bush to try to bail them out. But who has the most to gain, of course the empty suit wants the bail out. His financial inner circle caused the problem, and they are standing to loose millions. James Johnson was head of Freddie Mac for 7 years and took millions, and was head of Barack%u2019s VP search team, Franklin Reigns was head of Freddie Mac for 5 years and took $90 million out of it, Jamie Gerlin took $26 million from Fannie Mae, Barack got $126K, democom Dodd got millions, these are all Baracks financial inner circle advisors that could be running this country. Vote for Barack for change, he will change your hard earned money into his and his inner circles money, remember he has been schooled by the corrupt Chicago Daily machine. And for you trolls these are not lies, these are fact.

Cut Baracks financial backers off at the knees, vote no bail out.

[bob4usa]

If congress really wants to solve the financial crisis they need to do Twelve things:

1. Restore the Glass-Steagall Act.
This act separated investment and commercial banking activities, which prohibited comingling of funds between banks, Wall-Street Stocks and Commodities.

2. Eliminate Derivatives.

3. Eliminate Hedge Funds.

4. Restore bank regulations or make new bank regulations.

5. Restore Wall-Street regulations and make new regulations for Wall-Street.

6. Eliminate Supply Side Economics or Trickle Down Economics.

7. Adopt and use Nash Equilibrium Economics.

8. Eliminate Free Trade.

9. Restore and create Fair Trade.

10. Eliminate the Patriot Acts 1 & 2

11. Restore the entire United States of America%u2019s Constitution.

12. DO NOT Give Wall-Street and Banks 700 Billion dollars!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[bob4usa]

If congress really wants to solve the financial crisis they need to do Ten things:

1. Restore the Glass-Steagall Act.
This act separated investment and commercial banking activities, which prohibited comingling of funds between banks and Wall-Street Stocks , Commodities.

2. Eliminate Derivatives.

3. Eliminate Hedge Funds

4. Restore bank regulations or make new bank regulations.

5. Restore Wall-Street regulations and make new regulations for Wall-Street.

6. Eliminate Supply%u2013Side Economics or Trickle Down Economics.

7. Adopt and use Nash Equilibrium Economics.

8. Eliminate Free Trade.

9. Restore and create Fair Trade.

10. DO NOT Give Wall-Street and Banks 700 Billion dollars!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[madkeyra2]

Mccain''s problem is trying to be poltically correct without being correct. Trying to win political points while decieving the American people that he''s going to fight for them. Who bought that line? A 72 year old man that had cancer 4 times is going to fight for us? His own party doesn''t listen to him. Mccain can''t lead his own party let alone independents and moderate democrats. Anybody following Mccain are just fools. You have to be a fool to fall for the Mccain/Palin ticket. That ticket is nothing but a bunch of gimmicks and spin. We had 8 years of an Bush and his stunts and gimmicks. No Way, No How, No Mccain/Palin. Good Bye Mccain. I bet he wont run in 2012.

[madkeyra2]

Mccain is dangerous and his VP Sarah Palin is even more dangerous than Mccain. The Mccain/Palin ticket is the blind leading the blind. The past 2 weeks Mccain was all over the place. Mccain has dug such a big hole for himself, its hard to keep up with him. His campaign needs to bail out and save the American people the embarrassment. Sarah Palin is ready to be commander and chief? This is a bad dream to think Sarah Palin someone who cant deliver a complete sentence, or a logical answer is ready to run the country. Mccain and his bad judgement on the Iraq war, Sarah Palin has shown the American people Mccain is just plain crazy. Mccain out did himself this time, he pick as his VP someone more crazy than he is. Good bye Mccain.

[madkeyra2]

Mccain doesn''t have a clue what to do during a crisis. First Mccain said the fundamentals of the economy were strong, then he said it wasn''t, then he was against the bailout before he was for it, then he wanted a commission to examine the problem, Then he lied about suspending his campaign and skip the debate and running to Washington to finalize the bailout bill, Mccains presence only worsten the progress, then Mccain decided that he would attend the debate after promising he wouldn''t leave Washington or attend the debate until the Bill passed on Washington, After the debate Mccain boasted and tried to take credit for a bill he thought would pass, the bill failed on Capital Hill, Mccain then blames Obama and now is talking about suspending his campaign again inorder to get things done on Washington. I will bet anybody, Mccain wont try that again. Besides, if Mccain really want to put country first, he''ll do more than suspend his campaign, he''ll end his campaign and do us all a favor. Nobody needs a president like Mccain thats more interested in looking good without delivering.

[madkeyra2]

Attacks on Obama isn''t going to change Mccain''s inability to run an honorable and honest campaign. Mccain''s judgement is flawed and he''ll say and do anything to win an election and the past 2 weeks it has shown. Mccain made the worst decision any presidential candidate can make chosing Sarah Palin as VP. Mccain admitted he has no knowledge of economics and it hasn''t been any clearer over these past 2 weeks. Mccain would be a worst president than Bush.