BAILOUT!

[Redbelly]

There is a faint glimmer of hope the House will not pass it.

From some things I have read this only delays our country defaulting on it's debt a little longer.

The printing presses will roll, your dollar will buy less.

[procraftwes]

im not for this bill at all.. our leaders are always trying to put themselves in the history books but do you wonder what we will be talking about in 15 years.. i hope not about this bill.. time to buy stock in ramen noodles..

[What a mess]

On the car thing there will be a lot more dealerships closing soon. The way they are going to do floor plan is you have X # of days, if they don't sell the car either the dealer has got to pay for it or it has to go to the auction. There will be less dealers and may be less mfg.s as well. The way we do money will never be the same people with good credit and a fair down payment already can't buy houses, cars, investment property borrow money for expansion and payroll. We will no longer throw stuff away that was good to get newer better, we will make do and get by. Sonic has about twenty four stores schedualed to be built and can't get the money. It's the end of the world as we know it. We will wake up in 2009 and while the looks of things will seem the same there will be ripples from this from here forword. No bailout will fix this, not bailing out may make it worse fast but it won't be by much. The writing is on the wall and while you may fool some of the people some of the time it will be a lot harder to find folks to fool from now on. Having people rent vs. own will not help any but those with rental property. We have stretched to the breaking point and pay day is here and it won't be cheap. It will cost all rich or poor but it will be felt most by the middle class working stiff that can't vacation or retire or have a luxury item. Charities will be hard hit the services they provide to the poorest and most needy will be hard to come by.

[lizbeth]

this will be just a band-aid, but i guess we will have to give the FAT CATS, their money, cause lord knows...they are not about to have to give up a thing.

[fish on!!]

Population 300 million + or -, bailout 700 billion, 500 thousand for every household, problem solved.

That would be nice but the math works out differently. 700 billion divided by 300 million is $2333.33.

This thing is just a bad bill. Provisions for Wool, Rum, wooden arrows, Indians, mentally disabled, race tracks and I'm not kidding. The only thing its missing is pregnant pigs.

http://www.foxnews.com/projects/pdf/AYO08C32_xml.pdf

[RHTFISH]

If you want a really warm fuzzy feeling for the entities we're bailing out....just check out these golden parachutes!
http://money.aol.com/creditdebt/credit- ... 1200616091

[FUTCHCAIRO]

WHAT WAM SAID HITS IT RIGHT ON THE NAIL.
PA THE OLD MAN OF THE SEA

[Perch Jerker]

The gubment is just going through an adjustment. It is quite an adjustment, but in the end, bail-out or not, capitalism will prevail... and we will all still fish... God bless this country.

[dolphinatic]

Now they give kids credit cards at college

Still true. I tutor at "Appleyard U" part-time and the credit card people are there in full force right along with the bank people trying to sign up every kid that walks by. You can get all kinds of cool stuff for signing your young adult life away....a water bottle, pizza coupon or a cheap handbag made in China I was told by an instructor today to expect an increase in students dropping classes over the next week due in part to financial aid payments being distributed today. They had to wait till the instructors submitted their attendance reports so their aid would clear. Now that they got their $$$, no more class. They didn't have to pay for it anyway and got to keep some for the few weeks they showed up.

Does anybody else ever get tired of paying everybody's elses way????? That's all the bailout is.....

[MudDucker]

Bailout stinks, why, because those who made really bad decisions in lending money to people who could not pay it back will still have a job and be able to loan more money from the bailout. The market is brutal, but fair. This crap goes right back to Clinton and his setting Fannie Mae and Freddie Mac free and using the Community Reinvestment Act to require banks to make a certain number of very questionable loans to keep the regulators off of their rear.

[Jumptrout51]

Dolphinatic the student financial aid money should be paid in arrears upon presentation of passing grades.

[Charles]

This whole bailout plan is bad, unnecessary, and just another step toward the United Socialist States of America.

And Section 211, "Transportation Fringe Benefit to Bicycle Commuters"? Doesn't mean jack-diddly-squat to me as a bike commuter. If it had passed by itself it would have at least given bicycle commuting another credibility point, but because it passed as a rider to this, it's worthless.