Reply #46: I've lost half of everything I had...

[JuniperLea]

My 401k is less than half what it was, and I don't expect to see any of it now. I have an IRA in the same situation. My house has lost ALL of its equity. My car is paid off.

I stand to lose everything, and probably will.

I'm against the bailout because I don't believe it will work. This has gone global with two European banks failing today and several more in line... and many more US banks are on the short list too.

We were lied into a war, lied into less regulation, now fear-mongers are clamoring to kiss the collective ass of those who lied to us. I call bullshit.

If BushCo told me the sky was blue, I'd bet my last dollar that it wasn't. These people have robbed us blind, and now we're supposed to give them even more money because they are telling us to be afraid? And all of this happened just now? Puhleese!

This has been a long time coming. And it will be a long time before things settle down.

We would have to borrow the $700 Billion anyway because we don't have it! Why should we do that?