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BAILED OR FAILED (31)

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the_quillmatic
the_quillmatic

Female, 28, New York, NY

Posted December 11, 2008


Am I the only person who is pissed off about this bailout situation? How are the CEOs getting "performance bonuses" for leading their companies into bankruptcy? And how are average Americans, who DRIVE this country's economy, left in the dust??!? It's outrageous! We need to be bailing out homeowners and small business owners! Check this out, it's mad smart. Who do you know who's felt the blow of this economy?


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Male, 34, Clearwater, FL

Posted December 11, 2008


the_quillmatic
the_quillmatic

Female, 28, New York, NY


Am I the only person who is pissed off about this bailout situation? How are the CEOs getting "performance bonuses" for leading their companies into bankruptcy? And how are average Americans, who DRIVE this country's economy, left in the dust??!? It's outrageous! We need to be bailing out homeowners and small business owners! Check this out, it's mad smart. Who do you know who's felt the blow of this economy?


Correction: We dont' need to be bailing out nobody. If you bail out one, you will have to bail out all and that is exactly what is going to happen.


the_quillmatic
the_quillmatic

Female, 28, New York, NY

Posted December 11, 2008


yea, i definitely agree with your point. we should just let the free market repair itself. what, businesses can't fail?

so yea, i agree. although, it's kind of like the iraq situation. we messed things up and we can't just withdraw without considering the consequences and trying to fix things. in the same way, our economic collapse has affected global markets and economies in countries all over the world. it has become our responsibility to do what we can to get things back on the right track.

don't you think?


Sporty_in_TX
Sporty_in_TX

Male, Age Private, San Antonio, TX

Posted December 23, 2008


The question to be asked is, who determines who gets bailed out and who does not?

Answer: US Congress- the same people you and I voted for, these are the people who have turned their collective backs on (US).

Solution: Term limits on Congress.. These people are WAY to close to BIG business.


gvsl1m
gvsl1m

Male, 44, Phoenix, AZ

Posted December 23, 2008


Sporty_in_TX
Sporty_in_TX

Male, Age Private, San Antonio, TX


The question to be asked is, who determines who gets bailed out and who does not?

Answer: US Congress- the same people you and I voted for, these are the people who have turned their collective backs on (US).

Solution: Term limits on Congress.. These people are WAY to close to BIG business.


Actually congress has no say where the $750 billion goes...Henry Paulson has all of the power....SO if you wannt get some of that bailout cash you gotta be nice and tight with the sec of the treasury


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Male, 34, Clearwater, FL

Posted December 23, 2008


gvsl1m
gvsl1m

Male, 44, Phoenix, AZ


Actually congress has no say where the $750 billion goes...Henry Paulson has all of the power....SO if you wannt get some of that bailout cash you gotta be nice and tight with the sec of the treasury


Oh yeah. His bank buddies on Wallstreet got all that money, now they won't tell the public what was done with it. Paulson is a crook. I don't trust him one bit.


the_quillmatic
the_quillmatic

Female, 28, New York, NY

Posted December 23, 2008


they're all crooks. i just wonder what happened in human history that a government designed FOR the people, BY the people could mutiny on its citizens.

if this happens in a democratic society, imagine elsewhere, where there are monarchies, dictators, etc. how are we any different?

we're getting played.


gvsl1m
gvsl1m

Male, 44, Phoenix, AZ

Posted December 23, 2008


the_quillmatic
the_quillmatic

Female, 28, New York, NY


they're all crooks. i just wonder what happened in human history that a government designed FOR the people, BY the people could mutiny on its citizens.

if this happens in a democratic society, imagine elsewhere, where there are monarchies, dictators, etc. how are we any different?

we're getting played.


exactly!!


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Male, 32, Brooklyn, NY

Posted December 23, 2008


The bailout shouldn't really surprise people that much. Somebody argued "let the free market work itself out," or something along those lines. This is the problem. The "free market" is a myth. If capitalism is allowed to run rampant, without any kind of restrictions, it will continuously destroy itself, which is what we are seeing today. The system relies unlimited growth and expansion, and it requires almost an infinite amount of resource extraction. Well that is simply impossible and we are seeing some of the effects now.

If we want to continue the charade, then yes, the bailout makes a lot of sense. Without these constant injections of capital into industry these industries will collapse, as will the whole global economic system. Now, I personally think this would be a good thing in the long run. There are countless possibilities. We could organize the world a lot differently, a lot more humanely, and based on completely different value judgments. But if you want to stabilize "the economy" then there really isn't any other way. To get out of the Great Depression it took WWII, which is very similar to whats going on now; huge government gifts to industry. The only difference is this is more blatant, and without any pretext of some global war.

If we want a better world, we should let all these corporations collapse, and rebuild something better.


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Male, 34, Clearwater, FL

Posted December 23, 2008


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Male, 32, Brooklyn, NY


The bailout shouldn't really surprise people that much. Somebody argued "let the free market work itself out," or something along those lines. This is the problem. The "free market" is a myth. If capitalism is allowed to run rampant, without any kind of restrictions, it will continuously destroy itself, which is what we are seeing today. The system relies unlimited growth and expansion, and it requires almost an infinite amount of resource extraction. Well that is simply impossible and we are seeing some of the effects now.

If we want to continue the charade, then yes, the bailout makes a lot of sense. Without these constant injections of capital into industry these industries will collapse, as will the whole global economic system. Now, I personally think this would be a good thing in the long run. There are countless possibilities. We could organize the world a lot differently, a lot more humanely, and based on completely different value judgments. But if you want to stabil
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I guess your argument would be that the concept of "freedom" is a myth as well since we have laws that impose limits on our freedom, so in a sense we are not "free" people.

Nobody is talking about letting business do anything they please. Of course there is some regulation and laws that have to be followed just like everyone else. The problem comes when we have too much regulation that are designed to restrict growth and profit because career politicians would like to keep their power and influence. I know the liberal, socialist nonsense that you learned in college sounds good; but that's not the America most of us want. There is no rebuilding a better world, all corporations are not going to collapse. Let's not kid ourselves here.


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