The Failout -- Please Someone Explain This To Me

Discussion in 'Economy' started by Zoom-boing, Nov 5, 2008.

  1. Zoom-boing
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    Zoom-boing Gold Member

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    Why, for the love of GOD, did they not put any mandates on the Failout bill? Horrendous enough that they piled so much crap into it (they should all be taken out and shot) but they gave billions to the banks (is this not like giving the arsonist the fire extinguisher?) without putting any type of mandate saying that the banks had to use the money for lending. It's been weeks and the banks are doing everything BUT lending money. They are buying other banks, giving bonuses, good Lord I don't even know what my head is spinning so. Donald Trump was just on Fox saying to start reading up on 1929. WTH????
     
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  2. editec
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    editec Mr. Forgot-it-All

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    See: distribution of the wealth ...kleptocracy style
     
  3. Againsheila
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    Againsheila Gold Member

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    I think it's pretty clear it was a last ditch effort by Bush to make sure his friends got as much of our tax money as possible. IMO, everyone that voted in favor of this bill should be forced to pay for it out of their own pockets.
     
  4. dilloduck
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    dilloduck Diamond Member

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    Why would democrats agree to bailout only Bush's friends ?
     
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  5. Againsheila
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    Againsheila Gold Member

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    Well, if you check out you tube there's a senator claiming that they were treatened with marshall law if they didn't pass the bill.

    And of course, there's the fact that the democrats and the republicans are pretty much the same.
     
  6. dilloduck
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    dilloduck Diamond Member

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    oh please---the president threatens congress with martial law and ONE GUY mentions it almost as an after-thought ??
     
  7. GigiBowman
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    GigiBowman Active Member

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    Well, that's not saying much about your new President elect who voted for it!
     
  8. dilloduck
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    dilloduck Diamond Member

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    Well Biden said things might look a bit out of control for but not to worry. :lol:
     
  9. Zoomie1980
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    Zoomie1980 Senior Member

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    Obama voted for it.....
     
  10. Zoom-boing
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    Zoom-boing Gold Member

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    Don't you guys get it? It's not Republicans, it's not Democrats, it's not Bush . . . it's ALL of them. It's politicians. Stop blaming the 'other' party. They are all crooks and we are the victims who can do . . . what? Not one damn thing. Now GM is asking for more money. The more money the gov't hands out, the more people will be asking for a hand out.

    Are the people who run this country so freaking stupid that they didn't think to put a mandate on the failout? I mean, really?? Common sense tells you to do this. I heard no reason for why they didn't do this but read one blurb somewhere that the banks wouldn't have taken the money if there was this type of mandate (don't remember where I read this). Um, helloooo? Wasn't congress just a wee little bit suspicious if this is true? Their IQ's could be 700 billion and it doesn't matter because their common sense IQ is zero.
     
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    Last edited: Nov 7, 2008

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