Comments on: Public Bank Bailouts Boost Markets

Exchanges Rally In Asia, Europe As Governments Ante Up Taxpayer Money To Restore Banks

[albertw40]

I hope all this works. I have lost $20,000 in value in one retirement fund alone so far. And I fault people like McCain-Gramm. McCain has to somehow make folks like me forget that he and those around him were the ones who helped cause the economic meltdown in the first place. He has surrounded himself with lobbyists like Rick Davis who got millions from Fannie and Freddie. McCain and his next Secretary of the Treasury Phil Gramm voted for and promoted the very deregulation which led to all this. His advisers (like Carly Fiorina) got huge golden parachutes for laying people off work. While people were losing jobs, homes, pensions, health care, retirement funds (2 Trillion in the last two weeks), and while ordinary people were paying the highest inflation in 27 years, the rich kept getting richer, all because of the "deregulate at any cost" philosophy. Bush-Cheney, McCain-Gramm forgot a basic fact. The Middle Class working people are the backbone of this country. When you encourage corporations to become more profitable (temporarily) by laying off half their workers, you are encouraging eventual economic downfall. That''s what McCain-Gramm, Bush-Cheney did. I''ll never forget Bush''s "compassionate conservatistm." It turned out to be compassion for the rich and shaft the poor. No matter what he says or claims, I would expect more of the same from John McCain.

[ajaxtheleast]

But we really have to hand it to them.

OH WAIT!!,,They just turned us upside down

and shook it out of us.!!!

[neoconrcrazy]

And so, it came to pass

GWB''s last legacy has been cemented.

The biggest failure in history.