Comments on: U.S. Considers Taking Ownership Of Banks

$700B Package Allows Treasury Department To Receive Stake In Failed Banks, Official Says

[scorpio59er]

re: "Vote Obama, crash America." Posted by max0010

TOO LATE! DUBYA ALREADY DID THAT!

[scorpio59er]

This is a lot like the 1930s -- IN CHICAGO UNDER AL CAPONE!

[max0010]

Obama Calls McCain Mortgage Plan %u2018Risky%u2019. Obama said the "surge" would not work! Obama doesn''t want anything to help America...don''t bring the troops to come home before he is elected...Obama is FIRST, not America. Vote Obama, crash America.

[scorpio59er]

Since we''ll own the banks, I guess that means if we default on our credit cards or loans nothing can be done, ''CAUSE WE OWN IT!

[strangeworld]

The republicans would like to save their rich campaign contributors rear ends by using taxpayer money to help business while adding the cost to the growing national debt. Take a look at the republican record since 1980 folks...they''ve funneled tons of money to the wealthy, reduced or eliminated taxes for the wealthy, and added huge amounts of debt for the rest of the taxpayers (poor and middle class) to pay for. What a bunch of crooks. McCain doesn''t really want to do anything for the middle class because it might mean the the rich will have to pay a little more...and guess who''s rich - John McCain.

[renonv5]

Can''t we stop the Bush administration from doing anything else??? They have clearly already done enough!!

[liberalme]

Paulson doesn''t have a clue as to what to do with all that money--now that he has announced buying up the banking industry---the market is tanking again---doesn''t matter what these guys do--the market will tank--hopefully things will turn around when Obama gets someone in there that knows what their doing.

[melpol1]

The government is now giving away the treasury to banks in the hope that they will have more to lend the borrower. That is a great way to stimulate the economy as long as the banks make all of the potential borrowers eligible for a big fat loan. The only problem is that the banks will go bust again when most of the big fat loans are not repaid. But the problem will be solved when Uncle Sam comes to the rescue and bails out the banks for a second time. There must have been an economic genuis that devised this theory to keep us all happy. It is deserving of a Nobel Prize.

[tx_doughboy]

Why are we putting money back in into markets and business without addressing the lack of regulation that allowed this mess to happen in the first place? What gives???

[joe68sg1]

Cool, I always wanted to own a bank...
WooHoo, this is Sooooo COOL !
Thank you McBush and the rest of the republiCONS for making this possible