butterfly77
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Tue Nov-11-08 02:56 PM
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Notice how when the media and ... |
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the politicians talk about the bailout they never talk about the poor. Notice how they keep on giving money to the rich with no oversight...From what I can see the bush adm is giving all of that bailout money to the rich and they are taking the money and running...
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Lumpsum
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Tue Nov-11-08 02:57 PM
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1. It's our money anyway. |
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How exactly would they give it to us?
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butterfly77
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Tue Nov-11-08 03:05 PM
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build affordable housing,etc...
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99th_Monkey
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Tue Nov-11-08 03:08 PM
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3. ... but not just ANY jobs. "Outsource-proof" any new jobs created w/ public funds |
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Hint: worker-owners do NOT, I repeat, do not outsource their own jobs.
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DJ13
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Tue Nov-11-08 03:11 PM
Response to Original message |
4. The only bailout that would help solve the problem would be |
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Edited on Tue Nov-11-08 03:12 PM by DJ13
... to give that $700 billion divided up among the general public in the form of debit cards that could only be used to pay on existing credit accounts at financial institutions.
The banks would still end up with the money they need.
The debt load of Americans would drop a good amount.
And it would reduce the underlying illiquid financial instruments that are freezing up the credit markets.
Anything else is either a bandaid, or worse, a direct freebie to corporate america.
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butterfly77
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Tue Nov-11-08 03:13 PM
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6. As far as I am concerned.. |
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They could have given all Americans 1 million a piece...
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Zombie2
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Tue Nov-11-08 03:15 PM
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7. How about all Americans that make under.... |
DJ13
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Tue Nov-11-08 03:16 PM
Response to Reply #6 |
8. Not sure about a million, but it would have been a nice gesture |
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My favorite pet peeve since the bailout is the talking heads who claim those $600 checks in the Spring were worthless because a large number of people just ended up paying on debt they owed.
That should be a good thing, not something to bitch about!
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damntexdem
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Tue Nov-11-08 03:12 PM
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5. Oh, they do refer to the poor -- they're the 'out' part of the bail out. |
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While the middle class has to bail, the poor are just out.
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butterfly77
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Tue Nov-11-08 03:33 PM
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thousands or millions are living on the street while AIG and other billionaires and millionares are partying and living it up and laughing...
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DU
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Mon May 13th 2024, 03:07 PM
Response to Original message |