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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: sylvester80 who wrote (34128)9/22/2008 9:15:11 AM
From: Smiling Bob  Read Replies (1) | Respond to of 149317
 
Paulson has been wrong the ENTIRE way.
As well as always showing where his real intentions lie.
Let the banks fail- they deserve it
Let the system collapse- it's infected beyond a cure.
Let's start over.



To: sylvester80 who wrote (34128)9/22/2008 3:06:27 PM
From: tejek  Respond to of 149317
 
Wrangling??? Paulson is asking to be handed a $700 BILLION blank check and become a Monarch with absolute power with no legal or court recourse. Are you serious it's wrangling to want to know more before we hand him a check? Isn't that kind of lack of thinking that got us into a $1 trillion dollar Iraq war????

Negotiating.....is that a better term.

I think you need to reconsider. It is very possible that Paulson is wrong and that he has the best interests of Wall street at heart and doesn't give a sh*t about Main Street. The fact that he is asking us to trust him just on faith with $700 billion of our money without any legal or court recourse is just plain stupid.

I have no doubt this country is in the worst economic crisis since 1929. A lot of people who are more plugged in than you or I are very scared. And even with Paulson's plan, there are no guarantees we will avert a depression.

On the other hand if you are in the stock market and margined up to your eye balls and hoping for Paulson to bail you out, then I feel for you. But not doing your due diligence is probably what got you in this mess. And what got congress to support Bush for his lying and criminal Iraq war. A trillion dollars later, don't you wish everyone had done more "wrangling" then too and asking more questions?

I am in the stock market but I don't buy on margin.