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09-20-2008, 03:27 PM #1
Senior Member
bailouts
A loan bailout is not a "giveaway". A massive, multi-faceted, established company like AIG is not the rat-infested, corrupted criminal institution that people are making it out to be. Neither was Lehman Brothers.
We give billions to banks and governments all over the world, including those of very wealthy countries like Switzerland. Why should we ignore our own institutions? It angers many people when it occurs in America, but they don't seem to mind all the foreign aid we give to other nations' businesses and social programs.
Not to mention the hundreds of billions, or more, that the Iraqi war is costing.
Charity must begin at home, for the American people. For every job that's lost on Wall Street, or the banking industry, several in other parts of the economy also disappear.
Things have now changed forever, and it's too much to take in all at once. There's a lot of hate toward the financial sector, some deserved, but the markets must still must be maintained, supported and improved......if we want our future to be stable.Breukelen advocaat Reviewed by Breukelen advocaat on . bailouts know what pisses me off more is that both the dems, reps, and president are giving our money away to bad business ethic money waisting criminals. everyone thats scared of socialist b.s.. some of americas biggest firms are now socialized with the government taking the bill one of the worst thing about this is the ceo's and big wigs of the companies are goin to get their multi million dollar bonuses still. so they run companies into the ground with bad practices and still get their Rating: 5
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