WISH-TV 8 Indiana News
McCain says Fed should stop bailouts
John McCain says the Federal Reserve should get out of the bailout business. Speaking to a business group in Wisconsin, the Republican presidential nominee said the Fed needs to get back to -- in his words -- ...
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The feds should get back to the constitution and let things take care of themselves. we've saddled our kids and grandkids and our grandkids' grandkids with trillions of dollars of debt trying to provide "affordable" housing and making sure greedy bankers stay solvent so our 401K's don't suffer. RIDICULOUS! ENOUGH!
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“That will be the day” Joined: Mar 19, 2008 Comments: 221 Wilbur, Indiana ISP: Hartford, KY |
I was not going to vote in November. Insane McKane has just won me over. It was Obama his friends and supporters who stole the millions from the mortgage companies Freddie May and Freddie Mac. Left wing liberal Democrats all. With the help of Billie Bob and his left wing liberal controlled Congress. This bailout does nothing for the people who are losing their homes. The dumb people who got in to mortgages over their head are still going to be homeless. Don’t forget that. So who is it helping? This bill is helping the money lenders. The speculators. The corrupt. The incompetent. The criminally fraudulent traders. The foreign owned banks. All it does for the working American is add to the bill that some day must be paid with taxes. This is the dumbest thing in a long line of dumb things that George Bush has done to date. Let the market run its course. Let the Banks fail. Let them eat the cake for a change. What the government should do is put enough money in the FDIC to cover the working Americans savings and checking accounts. They should not assume the money markets. Money markets were not under the FDIC because they made high rish investments and paid higher interest than FDIC insured savings. Let the greed be rewarded with loss.
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