Comments on: Will U.S. Taxpayers Need A Bailout?

Declan McCullagh Says Plan To Partially Nationalize U.S. Banks Has Many Potential Perils

[xlib]

I understand reid and queen nance are looking for another 300 billion. Sweet, isn''t it??? But of course it will be taken from those nasty, nasty capitalistic rich SOB''s.
Comrade, we won''t need wallets.

[upto1947]

Yes and Yes again. Any one for the bailout, is as dumb as the bailout. I hope everyone who like the bailout goes broke.

[oneworldusa]

The ''bailout'' should have gone to the taxpaying American citizen PEOPLE, not corporations, who have already proven they can''t manage money. Throwing crack at a crack addict will not cure his habit.

[cibaito]

It looks like White House, Congress and our economical advisers don''t know what they''re doing; now they are afraid of falling in a recession; personally, I''m in recession since 2003, my son just lost His house as another 10,000 American do everyday, but our authorities are just finding out that "we" may fall in a recession,believe me most of American are already in the depression. Mr Mccain & Mr. Obama help main st.
sending a million dollars to every working American and you will spend less than 300 million dollars or at least send a million dollars to every household in America instead of the 850 million to wall st.and we will be saving a lot of money, last time you approved the plan to send $300.00 to $600.00 to every household and that did nothing any problem but you waisted 165 billion dollars, please send a million and we will keep our houses and will improve the economy.

[txgrouch2007]

In other words, the top 5% have more wealth than the combined wealth of other 95% of population
Posted by bobnjersey at 05:36 PM : Oct 15, 2008

And you point is...?

Does this contradict the statement that the top half of wage earners pay 97% of all taxes?

If they own 97% of all assets, then it''s only fair.

[txgrouch2007]

Hey, nice headline.

THEY GOT IT OFF OF THESE DISCUSSION BOARDS!!!

How many times have you seen it posted???

[bozworth4]

Money to the people, we will buy (and not on credit). Let the fat cat bankers stay out of the loop and my money will put people to work as well as your money. (if allowed to make a choice) Don''t see much if any trickle down in the plan as enacted!

[bunchofchemi]

Democratic administrations use regulation and Keynesian (demand side) economic theory to drive their policies.

Republican administrations use deregulation and supply side economic theory to drive their policies.

Neither has a socialistic basis. George W Bush is now using a partly socialistic plan to try to re-boot the credit markets, so far not very effectively.

Over the past 80 years, the Democratic Presidents have presided over real GDP growth per capita of 3.8% vs. 0.8% for Republicans. They''ve averaged 9% annual gains in stock market prices vs. 0.4% for Republicans. The Republicans have presided over the two major crises that have nearly destroyed the capitalist system in 1929 and 2008. Who are you gonna vote for this fall?

[ssn4ever]

Why does the goverment need to come to the rescue? It is just prolonging the pain. We are headed for a fall. Let the banks fail, keep the goverment out, let those who''s greed caused them to write bad paper fail. In a year or two we will climb out of the mess, and maybe we can learn a lesson.

[bobnjersey]

[Remember, it is Congress that makes the laws and spends our money -not the President.]
[Posted by lwc777 at 01:34 PM : Oct 15, 2008]

and it''s the president (gwb) who ignores the law ... adds signing statements to each bill he signs to re-iterate that ... and between 2000 and 2006 ... he signed every spending bill that passed his desk.