Paulson: Government won't buy troubled bank assets

[still_one]

http://finance.yahoo.com/news/Paulson-Government-wont-buy-apf-13546321.html

This goes to show without a doubt that the entire bailout was a fraud

They are changing the rules as they go on

Congress, WTF are you doing?

Most of us knew that buying up junk paper from the banks was a bad idea in the first place, but wasn't that the whole point of the legislation?

Any additional allocation of money should be suspended by Congress immediately

You have an administration who is unwilling to help the auto makers, and this could amount to up to 5 million jobs, including dealerships and auxillary business dependent on the auto industry

[aquart]

1. Okay, this is what I wrote my senators and rep:

Paulson seems to have admitted the bailout was a fraud. Please ask him to account for monies spent and to return the rest.

There is no way this person can be trusted with matters vital to the American economy.

[Blaze Diem]

2. I hope that's why Pelosi wants to call a special session/Nov 17.

but that's believing she thinks like the rest of us, I guess.
effin outrageous, Bushco squeezes the last dime outta our future generation's pockets before jetting off into the sunset..a wave, a smirk..bye bye America, & thanks a bunch.

[still_one]

3. It was a good thing that they didn't give the whole 700 billion to them at once

I will follow your lead

[KarmicTwist]

4. Am I dumb??

Because I gotta tell ya, this 700 billion dollar shell game makes my head spin.

I have read and read, and read some more, trying to navigate my way through this whacked out money trail. Yet every time I think I've come to a slight understanding, something new pops up (2 Trillion recently given to banks, under a separate agreement?)

And now this U-turn on the reasoning given to GET the money in the first place... Do these guys know what they are doing? Are they REALLY trying to straighten this out? And if so, who are they working for; the CEO's, Wall Street, or the citizens of this country?

I can't keep up anymore. I feel like a dog with ADD, who is hell bent to catch his tail...

I wonder is psychedelic drugs would help me understand it all, I hear that worked with Pink Floyd's "The Wall"

[still_one]

5. The 60's were such a better time then what we are going through today /nt