@Foots27 177901 wrote:
The taxpayer money the government spent to bail out bear sterns could have assissted how many millions of famalies?
Like Obama said last night, “economics from the bottom up”.
Exactly! This money is not going to help those that are at the bottom of the problem!
Take the money to clean of the mess after we see exactly what needs fixing instead of giving the banks more money to piss off. We will see more banks close and jobs lost even after the money is released.
I understand what you are saying about the private sector, but Corporate America needs to step up and offer to pay a percentage of taxes more in line with what you and I do. If no one has any money or can get credit then they will fail anyway.
Warren, Trump and others need to buy up some more stuff and then wait for it to increase in value since they have gotten richer from this mess.