Comments on: Where Will $700B Bailout Actually Go?

Lawmakers Gripe That Treasury's Plans For Gov't Funds Deviate From Original Proposal

[skeezix06]

See Moyers Journal on PBS. A bunch of loopholes that will allow the execs to keep getting their bonuses. Only difference is that the golden parachutes will be camouflaged.

[jjp735i]

"note there is nothing in the law that they just wrote to prevent those uses."

It''s our fault for trusting Bush and Congress to fix problems they helped create.

It''s our fault because we keep voting in the same idiots year after year.

[pirmin3]

700 billion ought to cover the bankers bonuses nicely. Then they''ll be back for more. Bend over Amerika.

[riddelup]

These bankers deserve their bonuses. They conned the taxpayer out of billions of dollars using smoke and mirrors yielding an income stream to their employers with a minimum investment (lobby fees).Do not hate react.

[perk235]

With Pelosi, Reid, and Murtha in charge, is it any surprise that they are turning it into one gigantic welfare program?

------------------

Did you read the same article that I did? Paulson is calling the shots on "few strings attached" for banks to use the money as they please.

Banks gambling through derivatives already shows they can be trusted with their own money, much less yours and mine.

[demwatcher]

With Pelosi, Reid, and Murtha in charge, is it any surprise that they are turning it into one gigantic welfare program?

Look up the records and see that a HUGE number of people in Congress CANNOT even get personal loans because their credit is so bad. And to think that these same people can manage a bailout of this magnitude is ridiculous.

Democrat programs got us into this mess, and the Democrats are going to insure that it is a yoke around the neck of Americans for decades to come.

[airboatboy1]

"On the same day it hired Mellon, the Treasury also picked the company to receive a 3 billion dollar investment...". Perfect! You don''t think there''s any political ties here, do ya? The same groups that caused the problem are gettin'' the money back! What a bunch of F####ing crooks!

[adt13t]

billionares horde wealth
and trickle down comes typically
in the form of yachts sales service
and of course maids butlers and personal
service staff,
asleep at the wheel adult diapers in the west wing
roaring lobbyist ronnie demented fraudulent bedtime
story telepromter reagan already proved trickle down
is farcical except in his case when the hired nani
servant did not service his diapers in due time
mommy what does the astrologer say today
the cheney administration will go down
as the one who crashed established hegemony
by wiping ***** in faces worlwide
while picking pocket books with shameless
crony-ist incompetence

[lewiston14]

That and the fact they had to add another 100 billion + first to get it to pass in the first place.

[lewiston14]

That is the trouble with bills that are rushed through. Nobody gets to read it first to find the holes.