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Posted by: waynochris 1 year, 1 month ago
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waynochris1 year, 1 month ago
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Of course the taxpayer is the fool AGAIN! The money was supposed to be given to troubled institutions so that they will lend the money to the average consumer in the form of mortgages, auto loans, personal loans, etc.thereby stimulating the economy via purchasing, homes, autos, etc. The institutions would be getting the money paid back with interest from the consumer, and that is whats done normally to get things back on track. Instead, the "troubled" institutions were given the money with no one overseeing how the money was spent. Thats why we read about corporate execs taking lavish vacations and they will get huge holiday bonuses all at the sucker taxpayers expense. BAH HUMBUG!! VOTE OUT YOUR CONGRESSIONAL LEADERS,THEY KNEW THERE WAS NO OVERSIGHT
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4thchance1 year, 1 month ago
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The reason it's not reaching the housing market is because 750 Billion was no where near enough of our money. We will need to dig MUCH deeper into our pockets to give them more handouts. I say, we (The Tax Payer) need to come up with something to the tune of around 10,000 TRILLION dollars to hand out to them. That way all these thieves among us will have more money then they would know what to do with. Just maybe then some of that money may go where it suppose to go! I still doubt it though....
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Ralph2bits1 year, 1 month ago
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“No money from me”. A call for Civil Disobedience now.
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The truth is we will not vote out our representatives in congress so we need to get their attention.
I feel certain that some of the bailout money we’re spending was necessary to promote the general welfare but now I am beginning to sense in my bones a feeding frenzy; pigs at a trough, gorging themselves on the future of my children, grandchildren and great grandchildren. This disturbs me very much and for their sake I want it to stop.
If you feel like me, then its time to draw a line in the sand. We draw the line on the bailout of our auto makers. We say “no”.
How do we get our representatives in the congress to hear us? We can trust that those in power listen to and follow the money. We use that trust.
We write our representatives in the House and simply say: “no money from me if you bailout the automotive companies.” “ I will file my federal tax returns as a law abiding citizen but I will not pay my federal taxes.”
If tens of millions of us good, decent citizens do this we can draw that line in the sand and get our leaders attention. Will the government prosecute tens of millions of us? No. Will some of us go to jail? Yes. That's the price of civil disobedience. I will go to jail to save my children’s and grandchildren's future.
Don’t get me wrong, I am very concerned about the health of our auto makers, particularly workers on the assembly line. But workers, owners, managers, vendors, and investors can work hard and make the tough decisions to save their company through Chapter 11 bankruptcy protection. They’ll say no they can’t, but that’s because there are billions on the table for them to take. Why work when you can take?
The billions left should go toward our infrastructure, energy self sufficiency, and education. Use our money to build not bailout.
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