Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (108656)	8/9/2007 6:25:28 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 132070

bermuda shorts and puts on the green?

To: Knighty Tin who wrote (108656)	8/9/2007 7:16:47 PM
From: Freedom Fighter	Read Replies (2) \| Respond to of 132070

>The Democrats do sometimes try to help the people who were bamboozled by those corporations. < That is what I am concerned about. I already know both sides will bail out the banks and Wall St. I hate both parties and the financial elite for that. That's why I'm a libertarian and anti-fed, IMF etc... I think it's just as preposterous for taxpayers to bail out people that were speculating on real estate, people that extended themselves beyond all reason etc... The idea is to have a system that rewards well thought out financial planning, prudent borrowing, saving, etc... and not a system that transfers wealth from those very people to a bunch of drunken sailors that leveraged themselves 100% or more on their house, took all the equity out of their home so they could live well beyond their means etc... IMO it's insanity to reward the very behavior that causes these problems whether it's the lenders and pushers of all this crap or those on the other end. I would love to see a couple of Wall St investment banks get forced into stronger more prudent hands and a few million speculators and crazy people busted out totally. Not because I wish bad things to happen to others. But because if we stop bailing out all these idiots and scumbags (usually they are one or the other) then a real lot of people might finally learn a lesson. Then maybe we won't have to go through this every 10 years or so. I'd love to see Goldman Sachs twist in the wind.