Comments on: Feds To Use $800B To Bolster Lenders

Paulson Unveils Programs Aimed At Unfreezing Credit Markets, Buying Mortgage-Backed Assets

[boehlow1754]

let us all gather round and throw a few bucks on the
fire! anybody got some gasoline? oh!! I''m sorry that''s too expensive!

[rickwar]

Buddy, can you spare a bil or so?


Sure----But only if you''re a banker, even better if your a bank owned by a Saudi price.


"I''m a car maker"

Sorry pal, get out of my way

[torva-2009]

Gee for a mere $62 trillion the U.S. goverment could give approximately 135 million U.S. tax payers $500,000 - and that would stimulate the economy quicker and make a whole lot of people happier than this death by a thousand bailouts!

[jntlw-2009]

We are very poorly managed in both business and government in this country and have been for some time. Our so called leaders of industry and government all need to pay for this fiasco. They are pathetic and incompetent. Both parties in Congress and the Senate are complicit and need to be kicked in the hinnie! We will never recover fom the heist that is being perpetrated on our treasury right before our eyes. The only ones concerned appear to be the American people. Everyone with any authority is standing around looking stupid/playing dumb or part of the conspiracy to bring about the demise of this once proud nation. Can I get off this planet?

[o2brich]

Have to wonder if the banks not lending as much right now is somehow related to consumers being less willing to borrow. The one exception would be student loans. The costs of higher education has gotten so ridiculous in recent years that its getting harder and harder to get post-high school education without borrowing. Now there%u2019s a market that should be funded. But instead we see it getting cut more and more. This is America%u2019s future, folks. These students need the help.

[prometheus41]

You know I was reading somewhere that college students are having trouble getting student loans through banks and this is placing a great deal of stress on an already difficult to finance education.

Just a thought U.S. Treasury. Since you''re already providing direct student loans to economically challenged students, WHY THE *** WOULD YOU NOT EXPAND THAT PROGRAM TO COVER ALL STUDENT LOANS during this crisis.

Just how *** IMPORTANT is keeping those veneer cornerstones of free-market religion propped up. More important than the education of people who are being FORCED to finance this socialized capitalism fiasco?

That important America?

[prometheus41]

I hear there''''s a help-line for any banks who want to file a complaint that their taxpayer financed deal isn''''t the "sweetest" available. For any bank that can prove they haven''''t received the "sweetest deal" from taxpayers, they get triple the amount, and all with the same no-strings attached CEO holiday package bundles, free at no extra charge.

All they need to do is agree to make sure that taxpayer''''s are loaned that money back at least at eight times the interest. Ho. Ho. Ho.


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

Posted by prometheus41 at 02:28 PM : Nov 25, 2008

Come to think of it, if the Fed already loans money to these banks at 1% interest, what exactly is the *** compounded interest taxpayers are getting on all this extra "capital infusion"?

Rest assured, taxpayers, that no matter how difficult it is for you to get a loan with the credit freeze, and how desperate your government wants to loan your money back to you far cheaper than any bank would, there is absolutely no way in hell that it will loan it to you directly, not when corrupt profit making institutions are holding the financial industry hostage... NO *** WAY.

God Bless America

[al1394]

Is Mr Paulsons calculator broken? I see 1.2 trillon $ to go and help dig us out of the hole. ( That''s right, you can''t dig yourself out of a hole!)
As far as I know, credit is to buy something you don''t need, with money you don''t have.
Happy Holidays All

[prometheus41]

I hear there''s a help-line for any banks who want to file a complaint that their taxpayer financed deal isn''t the "sweetest" available. For any bank that can prove they haven''t received the "sweetest deal" from taxpayers, they get triple the amount, and all with the same no-strings attached CEO holiday package bundles, free at no extra charge.

All they need to do is agree to make sure that taxpayer''s are loaned that money back at least at eight times the interest. Ho. Ho. Ho.

[mikezembill]

txgrouch2007 who would like to see run the country?