What the bail out deal really says..

[SoCalDem]

Americans are too stooooooopid to understand all this high-finance stuff.. your paid politicians & their lobbyist pals know best what to do with your tax money (present and future)..

It's better spent by giving it to their rich buddies

They could not care less, what you think or what you want..

You can whine & complain & protest all you want, but they are going to "do the deal" whether you like it or not.

[Booster]

1. Yep. BOTH sides too.

[snappyturtle]

2. Bye, bye U.S. Constitution. All Hail! King Paulson. Hope the Congress

critters are happy now and can return to their home states and pander for votes.

[sinkingfeeling]

3. I think we're reaping our rewards for dumbing down America. Our own Democratic 'leaders' in

Congress have no idea how to fix this and are just accepting Paulson/Bush's giveaway. I have to ask if Reid, Frank, etc. ever learned about the New Deal in school or heard of FDR.

[EFerrari]

4. Yep. I'm not impressed with this magic meeting at the Bush White House

in secret and with the candidates. What is that about? Why not in an open hearing where we can see what our government is doing?

Not impressed that no one is really talking about Congress ceding more power -- this money is almost the least of it.

I don't think they care what we think, either. :(

[PVnRT]

5. What is your solution?

Just curious, unless you're another one of the secular end-timers that thinks the system has to crash and cause untold misery to millions in order to get the glorious worker's revolution.

[sinkingfeeling]

6. How about fixing the root cause of the problem? Easy credit that lead to both homes and

commercial property being heavily mortgaged in a falling real estate market. 'Debt capitalism' doesn't really raise all boats. How about having these 'in-trouble' lenders, hedge funds, and such to either raise their own equity or halting dividends. Merrill Lynch solved its problem by selling itself at 22 cents on the dollar. If that doesn't happen then creditors should take losses.

So we're going to give them more money when no private or foreign buyout firms will touch the toxic 'instruments of debt'.

[SoCalDem]

7. An immediate AUDIT..followed by REAL hearings

If we have dirty laundry, let's AIR it..and then we'd KNOW what needs to be done..

I want hearings that include Paul Krugman, Elizabeth Warren, and some other noted economists..

Bushie has been SITTING on this "bailout" ..waiting for just the right time to throw a monleywrench into the election..

I also want Greenspan UNDER OATH..

If we never reveal "whodunit"..it gives cover so they can "do it" all over again..:grr:

This whole deal stinks.. Like chasing the guy you caught robbing your house.. yelling.."hey, come back, you forgot to steal my Rolex"..