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

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by trillion1 October 2, 2008 12:39 PM EDT
This is what years of voting for incumbents has gotten us.
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by godseyesore-2009 October 2, 2008 12:34 PM EDT
Warren Buffett was on Charley Rose last evening and did a good job of explaining how this plan will work and why it is a good idea...mainly that it is an investment rather than a give away, one which has a high odds of profitable return to treasury and ultimately the taxpayer. Buffett is the most successful investor in history and said that if it were possible he would take a monetary stake in the plan. That says it all.
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by observantx October 2, 2008 12:22 PM EDT
Dear Representative (insert name here):

Do you want to take money from me that I worked very hard for and give it to millionaires who bribed you to gut financial regulations, and then who gambled on risky shell game deals and ended up with worthless subprime mortgage backed paper?

If so:

Go ahead.

Make.

My.

Day.

See you on November 4th. In the polling booth.

Buh-bye!
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by spiritwalk October 2, 2008 11:56 AM EDT
What I have been able to ferret out is that the Senate Bill contains riders for $200 million in tax breaks for..

manufacturers of children''s wooden arrows
Puerto Rican rum distillers
wool research
& auto race track construction

This is obscene and these people need to be driven out, not voted out of Washington.
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by spiritwalk October 2, 2008 11:44 AM EDT
What is this story that the Senate Bill contains a provision for $150 million for "children''''s wooden arrows"?

I know that politician''''s add pork to bills, but this can''''t be true can it? That would be so insane to do that I want to say that it must be untrue. Is it?

That would be such a slap in the face to the people that they should march with torches burning to the office of whoever did it and drive them out of Washington before sunset.
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by h5mind October 2, 2008 11:42 AM EDT
The ludicrous notion that a substantial portion of Americans support the Wall Street money grab is false. Real-world observation by those not part of the corporate media peg the true public sentiment at anywhere from 100-1 to 300-1 against the bailout, even with the billons in additional pork recently added. The White House and Congress have disabled their email servers and switchboards to better ignore the millions of enraged taxpayers shouting a collective ''NO!''. We cannot dig ourselves out of an inflationary hole by printing more money, or borrowing it from the Chinese. Our country is BROKE. Where are the strident calls for drastic cuts in spending at the Pentagon, in farm subsidies, in special inteest pork barrel projects? These jokers in Washington should be walking to work to set an example. Better yet, maybe they should just stay home, and tell their criminal buddies at the Fed to do the same. Their services are no longer needed.
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by hologram5 October 2, 2008 11:42 AM EDT
Write your congressman, tell them that if they vote in favor of this they will be replaced. We should not have to bail out the fat-cats on wall street. They have enough money, they don''t need more. Let them fail!! This will kill main street in the long run.
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by craigh9 October 2, 2008 10:50 AM EDT
The whole country is enraged that we need a $700B bailout - so our wonderful politicians decide its in our best interest to inflate that by an additonal 15% to "sweeten" the deal. What a bunch of idiots.
I call on the american people to cast every vote they have over the next 6 years AGAINST EVERY CURRENT MEMBER OF CONGRESS. Don''''t even think about an individuals competency, just replace them all.
The ONLY chance we have to get out of this mess is to eliminate every single politician that have shown themselves completely unable to function for the good of the country - it always starts with "what''''s in it for me" or how can I twist a horrific situation for US citizens into political gain for myself.
GET RID OF EVERY ONE OF THEM.
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by gmcnally2 October 2, 2008 10:07 AM EDT
Wow. Lots of stats to say a majority does not want this. Time for the democratic process to shine. Let Obama deal with this. Wait a frew months. The sun will always rise tomorrow just like it always has. Bush has zero credibility.
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by spiritwalk October 2, 2008 9:22 AM EDT
What is the breakdown of the vote re: this election?
2/3 of the Senate is not up for re-election this year and can hope people forget about their vote in the next couple of years. So how many of those who are up for re-election this year voted for the bailout?
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by brianbwb-2009 October 2, 2008 8:29 AM EDT
The politicians are also lying, saying that the public is now at an even split as far as communications with them are concerned, so for everyone posting on this topic, get ten of your friends to contact the house members, and have them get ten of their friends to do likewise.

Tell them their "yes" vote on this = a "no" vote for them come election time.
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by lawyertom1 October 2, 2008 5:21 AM EDT
What is really, really troubling is that the SEC decided today to allow banks to cook their books by not listing assets at their market value [mark to market is the term of art], but at some theoretical value that is nothing more than a SWAG [super wild gluteus guess]. Are we becoming a banana republic, or what?
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by cbsblogger October 2, 2008 2:58 AM EDT
Of course the BAILOUT picks up steam. The people that will benefit and have put us into this major bind, own the media, Wall Street and Congress AND are over represented themselves in Congress. They are the ones who are obsessed with lending money and making and taking interest from Americans and our government.

Loose CREDIT is what has put us into huge mess. CREDIT needs tightened up and we need to bite the bullet.

America needs to flush its credit culture down the toilet along with those that thrive on making money from it. We will be in a major recession next year and the year after regardless of the bailout. The bailout just makes it longer and deeper and rewards those who created it.
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by david393071 October 2, 2008 2:51 AM EDT
As sent to house and senate:

NO BAILOUT

Since you do not understand. NO MEANS NO. NO BAILOUT.

This is what you are doing, have done, and are not doing.

We caught a bunch of crooks in the act of robbing our house, they tortured,raped and killed our spouse, raped our young daughters and sons, killed our dogs and cats, crapped on our floor, they admitted that they did this.

NOW YOU ARE TELLING US TO LET THEM GO, HELP THEM LOAD UP A TRUCK WITH OUR PROPERTY, AND GIVE THEM OUR WALLETS AND LIFE SAVINGS, ARE YOU OUT OF YOUR MINDS?

We need to have anyone dealing with this, accompliances, arrested sent to Guantanimo indefinitely, tried by Military Tribunal, just like the Treasonous Domestic Terrorists that they are, under the Patriot Act.

They accomplished what the 911 Terrorists could not do, "US Economic Crisis", "Pearl Harbor of the US Economy" according to Warren Buffet, "Global War Against Terrorism" per George Bush.

NO BAILOUT. Lynch them. especially those corporate board members that think we don''t know that they bought out Politicians and think they are above the law.


Our allies (Japanese, Germans, British, etc), think this bailout is a bailout of the Corporate Board Members that caused the US Economic Crisis. No punishment means NO CONFIDENCE IN US Political System, US Economy by our Allies.
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by david393071 October 2, 2008 2:49 AM EDT
are you putting a spin on the polls? Most polls, comments, messages sent to the house and senate, SAY NO BAILOUT, over 63%, that is the Majority, end of bs.

NO BAILOUT, NO MEANS NO.
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by lochlan-2009 October 2, 2008 2:43 AM EDT
The real amazing thing about the bail out is how blatantly it shows Americans how much the oligarchy have control of our media. I have yet to hear ONE person in favor of this bail out (not including blog trolls). NOT ONE PERSON I''V TALKED TO IS IN FAVOR OF THIS BAIL OUT!!!! Yet, the news agencies are saying 48% of people are in favor. If you can''t see the media are bought and payed for to control and manipulate the people through their propaganda, you are a lost soul. This is as transparent as it gets. America is lost.
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by azcred1 October 2, 2008 2:41 AM EDT
We The People can not afford health care or medicine for all of the people. The VA hospitals are not fit to care for our veterans - eventhough they give life and limb for freedom for Americans and Non Americans alike. FEMA can not help our own disaster victims. The elderly can not depend on the country they have pledged their aligence to for food and shelter in their remaining years. But suddenly there is $800B to feed the Greed that is Wall Street. FDR put safe guards in place to prevent this. Safe guards don''t help if you ignore them. If you do not learn from your mistakes you are doomed to repeat them. You will not learn if someone else keeps paying for your mistakes.
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by kecc1 October 2, 2008 2:34 AM EDT
I''m disgusted by the bailout ... why do we keep rewarding bad behavior in this country? In this case, those who gave out risky loans with the hope of high profit should suffer the consequences. Taxpayers should not have to bail out these businesses. Politicians who spend their time pandering to the masses for votes, protecting their rich friends, and endlessly point their fingers at members of the other party should be voted out of office!
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by ejtent October 2, 2008 2:16 AM EDT
I understand that some type of bailout is inevitable,however,I think that there should be an agreement that there will be NO MORE severence packages and NO BONUS packages!!!It is the least that the perpetrators can give to fix THEIR mess. I am certain that the American people will be behind that and it will pass in the House!
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by toobigtofail October 2, 2008 1:43 AM EDT
i am a local politician

i talk to people everywhere i go and ask their opinion

have talked to several dozen folks about the bailout and i have yet to hear one person say they are in favor.

the average person will pay for this bailout of the rich by the ravages of inflation, and taxes which will decrease benefits and wages for decades to come.
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