Comments on: Poll: U.S. Concerned But Split On Bailout

CBS News Survey Shows That Americans Fear Effects Of Financial Crisis But Are Not Convinced Bailout Plan Is The Solution

[cmm103]

The economy has been getting worse and no one has done anything about it. They knew before we all did about the gas prices was going to go sky high and they did nothing to stop it!! That in turn has caused higher prices in the groceries. I agree the Congress and the President has not been taking care of the american people no way.

[msimamaji]

I am angry over two issues. First of all, the so-called "sweeteners" which include a lot of frivolous tax breaks. As revealed by CNN, one of these tax breaks includes $ 6 million for making wooden arrows, and another involves $ 192 million dollars for rum manufacturers. The "sweeteners" are the product of "bi-partisanship." Because of the fillibuster, a small minority on entrenched senators and hold up vital legislation. These senators have to be molly-coddled with "sweeteners" such as the one''s I''ve described. We have 2 choices - either demand an end to the fillibuster, permitting the appropriate committee to put a bill on the floor for debate. And/or we can hand the Democrats a 60 member fillibuster-proof Senate. Bi-partisan ship is recipe for disaster.
In addition, the rich who brought us this debacle need to pay for it in the form of higher taxes. We need to eliminate all of the tax breaks the rich have enjoyed for the past 8 years and we need to slap a heavy surcharge on the incomes of the super rich. Cindy McCain can learn to get by with one automobile rather than 13 - or better, she can learn to get by on public transportation, like yours truly. Cindy McCain can figure out her finances on one kitchen table, just like the rest of us.

[observantx]

Ya see, I,er, promised my base, y''know, the guys with the money fer my campaigns, that I''d, uh, make sure they didn%u2019t hafta pay fer their, uh, unfortunate choices ''cause that''s not the %u2019Merican way. Y''see, those who aren''t fer keepin'' my base happy with the big tax cuts they like an'' the special treatment they get that let''s them make big piles a money is votin'' against their intrests. Y''see, if they don''t get really, really, really rich, even though they maybe, uh, made some, er, I mean, made the unfortunate choices I mentioned before, won''t have enough to trickle down all over the rest of you folks.

So let yer Congressman vote fer the bailou.., I mean rescue plan. And get ready to be trickled on by everyone of my supporters.

And God bless %u2018Merica

[benice6]

PLEASE HELP.

MY UNCLE JUST HAD TO LAY OFF 4 OF HIS 5 WORKERS BECAUSE HIS LOAN FOR AUTO SHOP EXPANSION WAS DENIED.

HE HAS DECENT CREDIT, HE HAD RECENTLY SUNK EVERYTHING OF HIS OWN INTO HIS BUSINESS EXPANSION AND WAS COUNTIONG ON HIS DECENT CREDIT TO BUY HIM SOME TIME WITH A 60 DAY LOAN.

IT''''S ALL FOR NAUGHT NOW. MY AUNT IS VERY UPSET.

PLEASE PASS THE BILL CONGRESSMEN OR MY UNCLE WILL HAVE TO CLOSE HIS DOORS.

[benice6]

PLEASE HELP.

MY UNCLE JUST HAD TO LAY OFF 4 OF HIS 5 WORKERS BECAUSE HIS LOAN FOR HIS AUTO SHOP EXPANSION WAS DENIED.

HE HAS DECENT CREDIT, HE HAD RECENTLY SUNK EVERYTHING OF HIS OWN INTO HIS BUSINESS EXPANSION AND WAS COUNTING ON HIS DECENT CREDIT TO BUY HIM SOME TIME WITH A 60 DAY LOAN.

IT''''S ALL FOR NAUGHT NOW. MY AUNT IS VERY UPSET.

PLEASE PASS THE BILL CONGRESSMEN OR MY UNCLE WILL HAVE TO CLOSE HIS DOORS.

[benice6]

PLEASE HELP.

MY UNCLE JUST HAD TO LAY OFF 4 OF HIS 5 WORKERS BECAUSE HIS LOAN FOR AUTO SHOP EXPANSION WAS DENIED.

HE HAS DECENT CREDIT, HE HAD RECENTLY SUNK EVERYTHING OF HIS OWN INTO HIS BUSINESS EXPANSION AND WAS COUNTING ON HIS DECENT CREDIT TO BUY HIM SOME TIME WITH A 60 DAY LOAN.

IT''''S ALL FOR NAUGHT NOW. MY AUNT IS VERY UPSET.

PLEASE PASS THE BILL CONGRESSMEN OR MY UNCLE WILL HAVE TO CLOSE HIS DOORS.

[o2brich]

The best thing, the best long term solution that really strikes at the heart of the problem, would be not to do a bail out and let these foolish lenders suffer the consequences of their poor policies and practices. The fact that republican deregulation allowed it and the most recent democratic administration encouraged these bad loans didn''t make them a good idea. But neither candidate has the courage to do that; both voted for the bailout. They fear doing the right thing would cost them the election. A bailout will not fix anything - it will only put off the problem. And the problem will be bigger when it comes back, which it surely will.

[stormyhailey]

No to bail out! The gov taught us in school%u2013USA is a capitalist country%u2013it is all about the mighty $%u2013you make it any way you can. The Fannie/Freddie need to lower interest rates & stop doing the floating interest rates to set people up for failure. Recall as many foreclosures as possible & refinance the houses the honest right way %u2013 for once. Products/services should be valued for what they really are, instead of valued for greedy, selfish purposes. The gov should stop lending money out to other countries as if we got it to give. My mom always said to take care of home first. That should be the first law for USA to live by. The following should occur: CEO, etc. should invest their paycheck & 35 mill bonus that they receive every quarter back into their co. Their personal items, jets, condos, homes, etc. should be put up as collateral. Families that are in foreclosure homes should be evaluated at the correct cost-& taxes should be lowered, put what they are behind at end of note, & start them afresh on a 4.9% fixed rate for the next 15 years. Stop overpricing these matchbox homes that only cost 20,000 to 40,000 to build. When I applied for a credit card, these same banks deny others & me because of credit score. I AM SORRY STOCK MARKET - I AS A TAX PAYING CITIZEN DON''T CONSIDER YOU A GOOD INVESTMENT FOR MY TAX MONEY - APPLICATION DENIED - SEE US TAX PAYERS WHEN YOU GET YOUR CREDIT & ETHICS SCORE UP. THERE IS NO APPEAL PROCESS.

[o2brich]

The best thing, the best long term solution that really strikes at the heart of the problem, would be not to do a bail out and let these foolish lenders suffer the consequences of their poor policies and practices. The fact that republican deregulation allowed it and the most recent democratic administration encouraged these bad loans didn''t make them a good idea. But neither candidate has the courage to do that; both voted for the bailout. They fear doing the right thing would cost them the election. A bailout will not fix anything - it will only put off the problem. And the problem will be bigger when it comes back, which it surely will.

[stormyhailey]

No to bail out! The gov taught us in school%u2013USA is a capitalist country%u2013it is all about the mighty $%u2013you make it any way you can. The Fannie/Freddie need to lower interest rates & stop doing the floating interest rates to set people up for failure. Recall as many foreclosures as possible & refinance the houses the honest right way %u2013 for once. Products/services should be valued for what they really are, instead of valued for greedy, selfish purposes. The gov should stop lending money out to other countries as if we got it to give. My mom always said to take care of home first. That should be the first law for USA to live by. The following should occur: CEO, etc. should invest their paycheck & 35 mill bonus that they receive every quarter back into their co. Their personal items, jets, condos, homes, etc. should be put up as collateral. Families that are in foreclosure homes should be evaluated at the correct cost-& taxes should be lowered, put what they are behind at end of note, & start them afresh on a 4.9% fixed rate for the next 15 years. Stop overpricing these matchbox homes that only cost 20,000 to 40,000 to build. When I applied for a credit card, these same banks deny others & me because of credit score. I AM SORRY STOCK MARKET - I AS A TAX PAYING CITIZEN DON''T CONSIDER YOU A GOOD INVESTMENT FOR MY TAX MONEY - APPLICATION DENIED - SEE US TAX PAYERS WHEN YOU GET YOUR CREDIT & ETHICS SCORE UP. THERE IS NO APPEAL PROCESS.

[o2brich]

The best thing, the best long term solution that really strikes at the heart of the problem, would be not to do a bail out and let these foolish lenders suffer the consequences of their poor policies and practices. The fact that republican deregulation allowed it and the most recent democratic administration encouraged these bad loans didn''t make them a good idea. But neither candidate has the courage to do that; both voted for the bailout. They fear doing the right thing would cost them the election. A bailout will not fix anything - it will only put off the problem. And the problem will be bigger when it comes back, which it surely will.

[homespunlady]

Just an aside I''m trying to figure out.
When the House turned down the Bail out -the next day the Dollar STRENGTHENED (was worth more) and the price of a barrel of oil DROPPED by over $10.

For ME that''s great - but I haven''t been playing the stock casino for a while. Without the bailout my SAVINGS would BUY MORE and the COST of things like gasoline would follow oil and be CHEAPER.

On the other hand with the Senate vote OIL IS UP and the dollar seems to go DOWN - leaving my SAVINGS WORTH LESS and trending to WORTHLESS.

Seems to me the More CONSERVATIVE investors would be BETTER off if that bail out didn''t happen and the PONZI BELIEVERS would only be BUYING TIME and making matters worse if it does.

Of course if you''re REALLY INTO mortgaging our KIDS and GRANDKIDS FUTURE on BETS on a GRAND ROULETTE WHEEL...

[o2brich]

The best thing, the best long term solution that really strikes at the heart of the problem, would be not to do a bail out and let these foolish lenders suffer the consequences of their poor policies and practices. The fact that republican deregulation allowed it and the most recent democratic administration encouraged these bad loans didn''t make them a good idea. But neither candidate has the courage to do that; both voted for the bailout. They fear doing the right thing would cost them the election. A bailout will not fix anything - it will only put off the problem. And the problem will be bigger when it comes back, which it surely will.

[tomar0317]

The whole lot of congress needs to resign. The country should remove those that are still in office this November. They are a disgrace.

[tibu987]

A bailout by any other name is still a bailout.

I oppose the bailout in any form.

Let the chips fall where they may.
A recession or depression will allow the country to regain its position with time and in better shape.
Allow nominal mortgage payments until it gets sorted out.

Many Wall Street and mortgage companies made hundreds of millions of dollars in their usurious positions and took obscene salaries and bonuses, some in the hundreds of millions of dollars.

I do not want to see them rewarded for their avarice and mismanagement, or Congress for their incompetence.

Let''s keep in mind that had the lawmakers, i.e., Congress, been doing their job this bailout would never have happened.
Now, they want to be heralded as our saviors, b-lls-it.
Can there be yet more disasters and disgraces that the Bush cabal can give us?

Yes, things could get even worse. One way would be to vote for McCain/Palin and guarantee four more years of the same.

The bailout is like rewarding the fox for killing the chickens and many of the foxes are in Congress and the Senate.

Do you really want to reward the very people who caused this disaster by bailing them out?

This is one of the biggest insults ever to be laid on the average American taxpayer who, in reality had nothing to do with causing it. They went for the carrot because it was offered them by leeches who stood to make much more money by doing so.

[tibu987]

A bailout by any other name is still a bailout.

I oppose the bailout in any form.

Let the chips fall where they may.
A recession or depression will allow the country to regain its position with time and in better shape.
Allow nominal mortgage payments until it gets sorted out.

Many Wall Street and mortgage companies made hundreds of millions of dollars in their usurious positions and took obscene salaries and bonuses, some in the hundreds of millions of dollars.

I do not want to see them rewarded for their avarice and mismanagement, or Congress for their incompetence.

Let''s keep in mind that had the lawmakers, i.e., Congress, been doing their job this bailout would never have happened.
Now, they want to be heralded as our saviors, b-lls-it.
Can there be yet more disasters and disgraces that the Bush cabal can give us?

Yes, things could get even worse. One way would be to vote for McCain/Palin and guarantee four more years of the same.

The bailout is like rewarding the fox for killing the chickens and many of the foxes are in Congress and the Senate.

Do you really want to reward the very people who caused this disaster by bailing them out?

This is one of the biggest insults ever to be laid on the average American taxpayer who, in reality had nothing to do with causing it. They went for the carrot because it was offered them by leeches who stood to make much more money by doing so.

[tibu987]

A bailout by any other name is still a bailout.

I oppose the bailout in any form.

Let the chips fall where they may.
A recession or depression will allow the country to regain its position with time and in better shape.
Allow nominal mortgage payments until it gets sorted out.

Many Wall Street and mortgage companies made hundreds of millions of dollars in their usurious positions and took obscene salaries and bonuses, some in the hundreds of millions of dollars.

I do not want to see them rewarded for their avarice and mismanagement, or Congress for their incompetence.

Let''s keep in mind that had the lawmakers, i.e., Congress, been doing their job this bailout would never have happened.
Now, they want to be heralded as our saviors, b-lls-it.
Can there be yet more disasters and disgraces that the Bush cabal can give us?

Yes, things could get even worse. One way would be to vote for McCain/Palin and guarantee four more years of the same.

The bailout is like rewarding the fox for killing the chickens and many of the foxes are in Congress and the Senate.

Do you really want to reward the very people who caused this disaster by bailing them out?

This is one of the biggest insults ever to be laid on the average American taxpayer who, in reality had nothing to do with causing it. They went for the carrot because it was offered them by leeches who stood to make much more money by doing so.

[homespunlady]

Just an aside I''m trying to figure out.
When the House turned down the Bail out -the next day the Dollar STRENGTHENED (was worth more) and the price of a barrel of oil DROPPED by over $10.

For ME that''s great - but I haven''t been playing the stock casino for a while. Without the bailout my SAVINGS would BUY MORE and the COST of things like gasoline would follow oil and be CHEAPER.

On the other hand with the Senate vote OIL IS UP and the dollar seems to go DOWN - leaving my SAVINGS WORTH LESS and trending to WORTHLESS.

Seems to me the More CONSERVATIVE investors would be BETTER off if that bail out didn''t happen and the PONZI BELIEVERS would only be BUYING TIME and making matters worse if it does.

Of course if you''re REALLY INTO mortgaging our KIDS and GRANDKIDS FUTURE on BETS on a GRAND ROULETTE WHEEL...

[homespunlady]

Just an aside I''m trying to figure out.
When the House turned down the Bail out -the next day the Dollar STRENGTHENED (was worth more) and the price of a barrel of oil DROPPED by over $10.

For ME that''s great - but I haven''t been playing the stock casino for a while. Without the bailout my SAVINGS would BUY MORE and the COST of things like gasoline would follow oil and be CHEAPER.

On the other hand with the Senate vote OIL IS UP and the dollar seems to go DOWN - leaving my SAVINGS WORTH LESS and trending to WORTHLESS.

Seems to me the More CONSERVATIVE investors would be BETTER off if that bail out didn''t happen and the PONZI BELIEVERS would only be BUYING TIME and making matters worse if it does.

Of course if you''re REALLY INTO mortgaging our KIDS and GRANDKIDS FUTURE on BETS on a GRAND ROULETTE WHEEL...

[o2brich]

The best thing, the best long term solution that really strikes at the heart of the problem, would be not to do a bail out and let these foolish lenders suffer the consequences of their poor policies and practices. The fact that republican deregulation allowed it and the most recent democratic administration encouraged these bad loans didn''t make them a good idea. But neither candidate has the courage to do that; both voted for the bailout. They fear doing the right thing would cost them the election. A bailout will not fix anything - it will only put off the problem. And the problem will be bigger when it comes back, which it surely will.