Quote Originally Posted by daihashi
Ugh.. I'm sick of this crap too. I don't think we should be bailing out these companies who put themselves in the hole. The problem is that these companies are so intertwined with our economy that if they go down so does our economy. We would bounce back... no doubt about it, but it would be very hard times for a while.

Personally I'd be willing to deal with hard times as opposed to giving the impression to these companies that it's ok to be corrupt and run their company into the ground.. because the government will save them.
Yes, exactly, the problem is that if these companies go down, then we all go down. This is the flaw in the deregulatory philosophy. The philosophy is that regulation strangles the risk-taking that drives the economy --- and in return for loose regulation, the companies themselves will take responsibility for their decisions. If the risks pay off, they get the profit, but if the risk goes bad, they take the losses (according to how deregulation is always sold to us) But the flaw is that when those risks do go bad, they DON'T take responsibility. They know the truth is that we cannot afford to let them fail, so we will pcik up the tab for the bad decisions while they walk away with the profit for the good decisions. They have us over the barrel and they are fucking us all the way to the bank.

Quote Originally Posted by 8182KSKUSH
Agreed. Where has my country, party, gone?
Your party has abandoned all of its principles, and has driven your country into a fucking toilet. You can find your country in the sewer, and you can find your party in the driver's seat.

Quote Originally Posted by rebgirl420
Agreed.

I'll take a few months of hardship for that. bailing them out gives a VERY bad message that the government will be the safety net when you choose to run a company into the ground because of your own greed.
I think maybe you are misunderstanding what is at stake. We aren't talking about a few months hardship here. The bailout will be a few months hardship --- your share is $3000, and you should be able to get that together in a few months I imagine. The alternative is a banking collapse and a Depression. The last one of those lasted more than 10 years and resulted in many people losing absolutely everything. People starved to death. I think that is what they are talking about here. If it was a few months hardship, then I'd definitely be for letting these companies bear the responsibility they deserve. But I think we are talking about something a lot more serious than that.
dragonrider Reviewed by dragonrider 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