The choice is now between bad and worse – why don’t people get this ???

[JWM in SD]

“…why don’t people understand that this is not simply a situation where we can bailout the ‘bad banks’ and then all is sweetness and light …”

For exactly the same reasons they believed that house prices would appreciate forever and well beyond income levels. Take a good look around you and ask someone what their definition of inflation is and listen carefully to their answer. Then ask them about their favorite football or baseball team. See how much they know about it and how passionate they are. Alternatively, ask them about their favorite TV shows.

That is your answer…..we have grown weak and soft as a voting public. We are no longer represented in Washington. Every MF’er who voted for this bailout needs to be ousted immediately or at least voted out of office.

[34f3f3f]

I agree that the bailout arguments seem like at lot of ether. Businesses that pay wages with a loan have a cash flow problem in my view. Making mortgages harder for people to get is probably a good thing in view of the what’s just passed. Curbing auto loans to buy gas guzzling tanks is also a plus. But with all due respect I haven’t seen many plausible arguments, facts or statistics, against the bail-out. Maybe I’ve been looking in the wrong places. Please enlighten me, and yes I have read Rich’s thesis. Let’s have some reasoned arguments, as to what is going to happen and not just fatuous rhetoric.

[34f3f3f]

I agree that the bailout arguments seem like at lot of ether. Businesses that pay wages with a loan have a cash flow problem in my view. Making mortgages harder for people to get is probably a good thing in view of the what’s just passed. Curbing auto loans to buy gas guzzling tanks is also a plus. But with all due respect I haven’t seen many plausible arguments, facts or statistics, against the bail-out. Maybe I’ve been looking in the wrong places. Please enlighten me, and yes I have read Rich’s thesis. Let’s have some reasoned arguments, as to what is going to happen and not just fatuous rhetoric.

[34f3f3f]

I agree that the bailout arguments seem like at lot of ether. Businesses that pay wages with a loan have a cash flow problem in my view. Making mortgages harder for people to get is probably a good thing in view of the what’s just passed. Curbing auto loans to buy gas guzzling tanks is also a plus. But with all due respect I haven’t seen many plausible arguments, facts or statistics, against the bail-out. Maybe I’ve been looking in the wrong places. Please enlighten me, and yes I have read Rich’s thesis. Let’s have some reasoned arguments, as to what is going to happen and not just fatuous rhetoric.

[34f3f3f]

I agree that the bailout arguments seem like at lot of ether. Businesses that pay wages with a loan have a cash flow problem in my view. Making mortgages harder for people to get is probably a good thing in view of the what’s just passed. Curbing auto loans to buy gas guzzling tanks is also a plus. But with all due respect I haven’t seen many plausible arguments, facts or statistics, against the bail-out. Maybe I’ve been looking in the wrong places. Please enlighten me, and yes I have read Rich’s thesis. Let’s have some reasoned arguments, as to what is going to happen and not just fatuous rhetoric.

[34f3f3f]

I agree that the bailout arguments seem like at lot of ether. Businesses that pay wages with a loan have a cash flow problem in my view. Making mortgages harder for people to get is probably a good thing in view of the what’s just passed. Curbing auto loans to buy gas guzzling tanks is also a plus. But with all due respect I haven’t seen many plausible arguments, facts or statistics, against the bail-out. Maybe I’ve been looking in the wrong places. Please enlighten me, and yes I have read Rich’s thesis. Let’s have some reasoned arguments, as to what is going to happen and not just fatuous rhetoric.

[kewp]

But with all due respect I haven’t seen many plausible arguments, facts or statistics, against the bail-out.

Well, the ‘bail-out’ is a big package, so there are potentially parts to argue for and against.

The biggest problem I have, personally, is buying up distressed assets at above-market value with our tax dollars.

As a renter, it galls me that I’m getting taxed to keep housing unaffordable.

[kewp]

But with all due respect I haven’t seen many plausible arguments, facts or statistics, against the bail-out.

Well, the ‘bail-out’ is a big package, so there are potentially parts to argue for and against.

The biggest problem I have, personally, is buying up distressed assets at above-market value with our tax dollars.

As a renter, it galls me that I’m getting taxed to keep housing unaffordable.

[kewp]

But with all due respect I haven’t seen many plausible arguments, facts or statistics, against the bail-out.

Well, the ‘bail-out’ is a big package, so there are potentially parts to argue for and against.

The biggest problem I have, personally, is buying up distressed assets at above-market value with our tax dollars.

As a renter, it galls me that I’m getting taxed to keep housing unaffordable.

[kewp]

But with all due respect I haven’t seen many plausible arguments, facts or statistics, against the bail-out.

Well, the ‘bail-out’ is a big package, so there are potentially parts to argue for and against.

The biggest problem I have, personally, is buying up distressed assets at above-market value with our tax dollars.

As a renter, it galls me that I’m getting taxed to keep housing unaffordable.

[kewp]

But with all due respect I haven’t seen many plausible arguments, facts or statistics, against the bail-out.

Well, the ‘bail-out’ is a big package, so there are potentially parts to argue for and against.

The biggest problem I have, personally, is buying up distressed assets at above-market value with our tax dollars.

As a renter, it galls me that I’m getting taxed to keep housing unaffordable.

[Arraya]

But with all due respect I haven’t seen many plausible arguments, facts or statistics, against the bail-out.

Why do you need any? All you need is common sense.

A: These are the ones that created the mess
B: The problem is too much debt
C: They have lied about everything
D: There is a provision in the bill to bail out foreign entities <---real reason E: We can't afford it. F: Why would you give 700 billion to people that obviously can't handle money. Would you give you child a money who just his rent money in Vegas with no questions asked and a provision that you can't ask question later on. When they come at you like a heroin addict needing a fix and threatening your family it's time to say no. The economy is bypassing recession and swan diving head first into depression with our with out the bill.

[Arraya]

But with all due respect I haven’t seen many plausible arguments, facts or statistics, against the bail-out.

Why do you need any? All you need is common sense.

A: These are the ones that created the mess
B: The problem is too much debt
C: They have lied about everything
D: There is a provision in the bill to bail out foreign entities <---real reason E: We can't afford it. F: Why would you give 700 billion to people that obviously can't handle money. Would you give you child a money who just his rent money in Vegas with no questions asked and a provision that you can't ask question later on. When they come at you like a heroin addict needing a fix and threatening your family it's time to say no. The economy is bypassing recession and swan diving head first into depression with our with out the bill.

[Arraya]

But with all due respect I haven’t seen many plausible arguments, facts or statistics, against the bail-out.

Why do you need any? All you need is common sense.

A: These are the ones that created the mess
B: The problem is too much debt
C: They have lied about everything
D: There is a provision in the bill to bail out foreign entities <---real reason E: We can't afford it. F: Why would you give 700 billion to people that obviously can't handle money. Would you give you child a money who just his rent money in Vegas with no questions asked and a provision that you can't ask question later on. When they come at you like a heroin addict needing a fix and threatening your family it's time to say no. The economy is bypassing recession and swan diving head first into depression with our with out the bill.

[Arraya]

But with all due respect I haven’t seen many plausible arguments, facts or statistics, against the bail-out.

Why do you need any? All you need is common sense.

A: These are the ones that created the mess
B: The problem is too much debt
C: They have lied about everything
D: There is a provision in the bill to bail out foreign entities <---real reason E: We can't afford it. F: Why would you give 700 billion to people that obviously can't handle money. Would you give you child a money who just his rent money in Vegas with no questions asked and a provision that you can't ask question later on. When they come at you like a heroin addict needing a fix and threatening your family it's time to say no. The economy is bypassing recession and swan diving head first into depression with our with out the bill.

[Author]

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