Comments on: Barkley questions need for $700 billion bailout

By: wally

wally — Sat, 04 Oct 2008 16:26:11 +0000

Our government likes to “cover up” what wall street does. If they take the markets down the people like to know why. So our government invents a reason as to why the markets are behaving like they are. It is as simple as that. It is about deception, corruption, and greed. The markets would have been just fine without the bailout. What a grand way to raise all that cash from people who don’t know what is going on.

By: jonerik

jonerik — Mon, 29 Sep 2008 01:18:09 +0000

Good question. The more I read, the more I’m convinced that Paulson and Bernanke do not even understand the problem (there is) and therefore cannot propose a rational solution to it. The $700 billion bailout looks like a heist to me.

By: Dave

Dave — Sun, 28 Sep 2008 22:40:33 +0000

Unfortunately, it does affect middle class families as well. Small business credit is freezing up; without that credit a lot of businesses will fail and a lot of those jobs in the mid-30′s will be the first to go. These “toxic” securities have moved into hedge fund accounts and become pervasive in pensions and IRA money. It is criminal, but without a bailout for Wall Street, they will take Main Street down with them

By: Miller

Miller — Sat, 27 Sep 2008 00:46:56 +0000

I don’t think we need to bail out anyone. How does this mess affect a middle-class family in their mid-30s w/ secure jobs and a fixed mortgage interest rate?