Deal reached on financial bailout

They are all a bunch of bum's!!!!!

So regardless of what their constituants seemed to have wanted,"almost no public support for the bill"
their lobbyist buddys and big doner financial corporations win out over the taxpayers wishes.
Again.

with total GOP and DEM pipartisan agreement,
"and i dont count the big squabble in an effort to add all kinds of personal pork to the bill as a real disagreement"

and our pizz poor government still wants us to believe we live in a democracy?

Yeah Right....

god have mercy on your children.
They will be paying for this.

And what about people who have already lost their homes to foreclosure?

Quick! Buy stock in petroleum jelly!

I’m against the $85,000,000,000.00 bailout of AIG.
> Instead, I’m in favor of giving $85,000,000,000 to America
> in a "We Deserve It Dividend".
>
> To make the math simple, let’s assume there are
> 200,000,000 bonafide U.S. Citizens 18+. Our population is
> about 301,000,000 +/- counting every man, woman and child.
> So 200,000,000 might be a fair stab at adults 18 and up.. So
> divide 200 million adults 18+ into $85 billion that equals
> $425,000.00.
>
> My plan is to give $425,000 to every person 18+ as a
> "We Deserve It Dividend". Of course, it would NOT
> be tax free. So let’s assume a tax rate of 30%. Every
> individual 18+ has to pay $127,500.00 in taxes. That sends
> $25,500,000,000 right back to Uncle Sam.
>
> But it means that every adult 18+ has $297,500.00 in their
> pocket. A husband and wife has $595,000.00.
>
> What would you do with $297,500.00 to $595,000.00 in your
> family?
> • Pay off your mortgage – housing crisis solved.
> • Repay college loans – what a great boost to new grads
>
> • Put away money for college – it’ll be there
> • Save in a bank – create money to loan to
> entrepreneurs.
> • Buy a new car – create jobs
> • Invest in the market – capital drives growth
> • Pay for your parent’s medical insurance – health
> care improves
> • Enable Deadbeat Dads to come clean – or else
>
> Remember this is for every adult U S Citizen 18+ including
> the folks who lost their jobs at Lehman Brothers and every
> other company that is cutting back. And of course, for those
> serving in our Armed Forces.
>
> If we’re going to re-distribute wealth let’s really do
> it...instead of trickling out a puny $1000.00 (“vote
> buy�) economic incentive that is being proposed by one of
> our candidates for President.
>
> If we’re going to do an $85 billion bailout, let’s bail
> out every adult U S Citizen 18+!
>
> As for AIG –
> • liquidate it.
> • Sell off its parts.
> • Let American General go back to being American General.
>
> • Sell off the real estate.
> • Let the private sector bargain hunters cut it up and
> clean it up.
>
> Here’s my rationale. We deserve it and AIG doesn’t.
>
> Sure it’s a crazy idea that can “never work.� But can
> you imagine the Coast-To-Coast Block Party! How do you spell
> Economic Boom?
>
> I trust my fellow adult Americans to know how to use the
> $85 billion We deserve the "We Deserve It
> Dividend" more than the geniuses at AIG or in
> Washington DC .
>
> And remember, The Family plan only really costs $59.5
> billion because $25.5 billion is returned instantly in taxes
> to Uncle Sam.

The math is wrong in that forwarded email, redo the division. It ends up being $425 per person, not $425K

Batch37 Pain Is Good wrote:

Quick! Buy stock in petroleum jelly!

You ain't kiddin there batch!

Hmmmm. I don't recall anything about the government or anyone passing out petroleum jelly. That's one the individual has to pay for themselves. Screwed again, without even a kiss. CUL Lou

In my opion the government is the cause of the problems in the first place they change the finacial environment with regulations and expect the bussness world to adjust. The constitution of this country say that we the people can change this government at any time they think it doesn't represent the people any more. If I make a bad investment who will bail me out the taxpayers ya right This socialstic government does not represent me anymore and I don't support them either. We need a third party and we need it quickly.

calculator wrote:

The math is wrong in that forwarded email, redo the division. It ends up being $425 per person, not $425K

Sooo...

But it means that every adult 18+ has $297.50 in their
> pocket. A husband and wife has $595.00
>
> What would you do with $297.50 to $595.00 in your
> family?
> Pay off your mortgage/ Certainly not.“ housing crisis NOT solved.
> Repay college loans? Nope!“ what a great boost to new grads
>
> • Put away money for college? Nope!“ it'll be there
> • Save in a bank ... nope!– create money to loan to
> entrepreneurs.
> • Buy a new car ?nope!– create jobs
> • Invest in the market...****?†capital drives growth
> • Pay for your parent’s medical insurance – health...nope
> care improves
> • Enable Deadbeat Dads to come clean – or else...(this is my favorite one... shouldn't they pay for their own kids with money they earn? This suggestion is welfare at it's LOWEST level... Sqaure up deadbeat dads with taxpayer funds.. What that line of thinking?
>
> Remember this is for every adult U S Citizen 18+ including
> the folks who lost their jobs at Lehman Brothers and every
> other company that is cutting back. And of course, for those
> serving in our Armed Forces.
>
> If we’re going to re-distribute wealth let’s really do
> it...instead of trickling out a puny $1000.00 (“vote
> buy�) economic incentive that is being proposed by one of
> our candidates for President.

I got this email a few weeks ago... it was silly math then too. I couldn't figure it out, but then my mind isn't as sharp as it use to be.

Uh oh!! All the politicians are happy!!! Hang on to your wallets!!!

95% of what comes out of washington is worthless, and it takes the house and the senate months if not years to come up with it. here they've done an amazing job of sc rew ing the citizen in the shortest amout of time i can remember. Fire everyone of them !!!!!!!...

Typical White Person wrote:

<quoted text>
They're in good shape. Houses are cheap and will continue to get cheaper. These people will need to rent for a little while. Save up a downpayment while rebuilding their credit, and they'll be able to buy the same house they had before, for less money. Next time though, it would be smart to make their payments on time. And perhaps think about finding something they can afford.
It's a great time for smart buyers. As always a bad time for stupid buyers.

I think you nailed it.

I have a friend who bought a house below market price, fixed it up, and is renting it out. He plans on buying more. When the housing market gets better, he's going to sell them.

unbelieveable. I love how the news keeps putting the fear in people that if it doesnt pass there will be a great depression. Well so be it. Its like they are giving the people the guilt trip if it we dont bail these people out. What a joke. And what if this continues to happen? Do we bailout every company that goes belly up? f the government...start a revolution!!!

Are there any common citizens in favor of this Boondoggle?
Here we go again-The Sky Is Falling! "There are weapons of mass destruction" " We need to win this"
We need to rise up and take back this country!
Vote! Vote ! Vote!

And how about the severance packages? Forget any severance package for the execs, throw them all in jail. What a joke.

DJL wrote:

And how about the severance packages? Forget any severance package for the execs, throw them all in jail. What a joke.

I hear that. Thats what I keep saying...these CEO's should be thrown in prison. They knew damn well what they were doing. Sure the people that borrowed more than what they could afford should be slapped across the face but regardless justice needs to be served to the CEO's. And where are these CEO's? I havent heard any of them make any statements? Probably playing a round of golf.

TERRY - do the math!!!!!!!!!! this is $425 per person. Read before you post.

TERRY wrote:

I’m against the $85,000,000,000.00 bailout of AIG.
> Instead, I’m in favor of giving $85,000,000,000 to America
> in a "We Deserve It Dividend".
>
> To make the math simple, let’s assume there are
> 200,000,000 bonafide U.S. Citizens 18+. Our population is
> about 301,000,000 +/- counting every man, woman and child.
> So 200,000,000 might be a fair stab at adults 18 and up.. So
> divide 200 million adults 18+ into $85 billion that equals
> $425,000.00.
>
> My plan is to give $425,000 to every person 18+ as a
> "We Deserve It Dividend". Of course, it would NOT
> be tax free. So let’s assume a tax rate of 30%. Every
> individual 18+ has to pay $127,500.00 in taxes. That sends
> $25,500,000,000 right back to Uncle Sam.
>
> But it means that every adult 18+ has $297,500.00 in their
> pocket. A husband and wife has $595,000.00.
>
> What would you do with $297,500.00 to $595,000.00 in your
> family?
> • Pay off your mortgage – housing crisis solved.
> • Repay college loans – what a great boost to new grads
>
> • Put away money for college – it’ll be there
> • Save in a bank – create money to loan to
> entrepreneurs.
> • Buy a new car – create jobs
> • Invest in the market – capital drives growth
> • Pay for your parent’s medical insurance – health
> care improves
> • Enable Deadbeat Dads to come clean – or else
>
> Remember this is for every adult U S Citizen 18+ including
> the folks who lost their jobs at Lehman Brothers and every
> other company that is cutting back. And of course, for those
> serving in our Armed Forces.
>
> If we’re going to re-distribute wealth let’s really do
> it...instead of trickling out a puny $1000.00 (“vote
> buy�) economic incentive that is being proposed by one of
> our candidates for President.
>
> If we’re going to do an $85 billion bailout, let’s bail
> out every adult U S Citizen 18+!
>
> As for AIG –
> • liquidate it.
> • Sell off its parts.
> • Let American General go back to being American General.
>
> • Sell off the real estate.
> • Let the private sector bargain hunters cut it up and
> clean it up.
>
> Here’s my rationale. We deserve it and AIG doesn’t.
>
> Sure it’s a crazy idea that can “never work.� But can
> you imagine the Coast-To-Coast Block Party! How do you spell
> Economic Boom?
>
> I trust my fellow adult Americans to know how to use the
> $85 billion We deserve the "We Deserve It
> Dividend" more than the geniuses at AIG or in
> Washington DC .
>
> And remember, The Family plan only really costs $59.5
> billion because $25.5 billion is returned instantly in taxes
> to Uncle Sam.

Gwinnie wrote:

And what about people who have already lost their homes to foreclosure?

Apparently the guvment is telling those People TS. Besides this really has nothing to do with homeowners but everything to do with bailing out investors who made bad decisions. Welcome to the USSA... United Socialist States of American...