IT IS BOGUS, CANNOT BUILD ROADS, CANNOT RESCUE TX OR THE MIDWEST, BUT CAN COME UP WITH $700 BILLION TO BAIL OUT FREE MARKET ENTERPRISE! BIG BUSINESS, CEO'S
LEHMAN BROS STILL HAD $2.5 BILLION TO GIVE OUT AS "BONUSES" TO ITS NEW YORK BIG WIGS !!--WHO GETS A BONUS WHEN THE COMPANY GOES BANKRUPT OR EVEN IN A BAD YEAR ! NO ONE
PART OF ME SAYS LET THEM FAIL, IT IS THE COST OF DOING BAD BUSINESS.
THE OTHER PART SAYS, ARE WE PAYING FACE VALUE FOR WORTHLESS PAPER AND WE KNOW IT IS WORTHLESS. (HUHHHHH, WHATTTTT)
ASK ANY COLLECTION AGENCY, THERE ARE PLENTY OF THEM OVER THE LAST 8 YEARS,
DEBT IS ALWAYS BOUGHT FOR "PENNIES ON THE DOLLAR", NEVER "FACE VALUE."
AND TO GIVE ANY ONE PERSON CONTROL OF THAT MUCH TAX PAYER MONEY
$700 BILLION DOLLARS
WITH NO RECOURSE OR OVERSIGHT, NOT NOW NOT EVER COULD A COURT QUESTIO HIS DECISIONS, AS PAULSON HAS PROPOSED, IS COMPLETE LUNANCY.
NO REGULATIONS!
NO BAILOUT,!
I REALLY THINK THEY SHOULD BAIL OUT THE MORTGAGE HOLDERS BY PURCHASING THE MORTGAGES AND ALLOW THOSE PEOPLE A CLEAN SLATE AT AFFORDABLE RATES.
TURN THE OTHERS TO AFFORDABLE HOUSING AND THEN SELL THEM TO THE STATES FOR THAT PURPOSE.
USE LOCAL COMPANIES TO FIX THEM UP IF NEEDED, CREATING JOBS RIGHT NOW PEOPLE.
THERE IS SO MUCH THAT CAN BE ACCOMPLISHED IF DONE CORRECTLY
IF THE MORTGAGES ARE PAID OFF THE BALANCE SHEETS ARE GOOD THEN THE $700 BILLION CAN PRODUCE SOME PROFIT,
AND IT LOOKS TO SOLVE THE ISSUE FROM THE BOTTOM UP
KEEPING PEOPLE IN THEIR HOMES AND PROVIDING AFFORDABLE HOUSING
AT A TIME WHEN, WOMEN, MEN, CHILDERN AND WHOLE FAMILIES HAVE BEEN LEFT SLEEPING IN THEIR CAR IF THEY ARE LUCKY, AT SHELTERS IF THEY ARE AVAILABLE AND CARDBOARD BOZES UNDER BRIDGES........MAN...THAT'S HARD..
ALSO I DO NO SEE PAYING FULL PRICE FOR WORTHLESS DEBT, IT IS CALLED A BUYDOWN, DEBT IS BOUGHT AT "PENNIES ON THE DOLLAR.' A DISCOUNT, BELOW PAR, WHATEVER YOU WNAT TO CALL IT!
COME ON PEOPLE !!
Blogs cRightwingNut cRight babies beware!!'s
OK...$700 BILLION dollars....
- September 23, 2008 22:31:19
- Read all 24 comments
- +13 raves
I have a few questions here:
1) Where is this money going to come from? Our treasury, thanx to Jethro and the repuglicant trough wallowers for the first six years of his term...our piggy bank is gone. Where are we going to borrow these billions. We KNOW who is eventually going to pay the bill in the end for all of Jethro's idiocy: Like it or not...the tax payers...and yes, taxes MUST raise.
2) Jethro wanted to give the Sec of Treasury a blank check. Sorry, Jeth...no sale. NO blank check. I want someone watching over his shoulder when he goes to the crapper! That's MY money dammit..you don't get to play foot loose with MY money. You've already demonstrated you don't know shit from Shinola about where the money goes. Sorry, no sale...you get hand holders...and LOTS of them.
3) SO...the CEOs of these companies, those that have driven banks to the very brink of extinction...and are now clamoring for MY money to bail them out, don't want any strings either? Is that what I understand? Are they pissing and moaning and worried about their golden parachute good bye kisses?
Forget it. When this bill passes and your Cheap Shot Mortgage Group takes a drink from the Federal Teat, you are a FEDERAL EMPLOYEE...and you get the GS rate. That's it. No golden parachute. No multimillion dollar nest eggs...no huge stock option gifts....forget it. You're a FEDERAL employee...and your salary and benefits are now set by ME...the federal government.
4) "A clean bill..." forget it. I want bells and whistles and someone checking the checkers who are watching the checkers. NO ONE gets to piss down my back forever and tell me its raining. I want INDEPENDENT, special prosecutor type watchers watching the watchers. Dammit...I WANT regulations coming out the ears. I want to see them with bells and whistles...I want to see the colors of those regulations. I want them in place and fiercely protected before one dime of the $700 billion goes anywhere. And I want it PAINFUL for those corporations whose management was sooooo greedy....so inept...soo underhanded....to FEEL A REAL bite when they take Federal Bailout.
5) And you better keep me and my kids and my neighbors in mind. The middle class under any Repuglycan administration is typically served a HUGE chit sandwich and told to take a BIG BITE. Sorry, not this time. Yes, investors should be protected...TO A POINT....but all investment, as I'm told time and again...is a RISK. It's time that those who were free wheeling discovered what "the risk" really is.
6) So, you want to bail out the INSTITUTIONS who "trickle down" on people who didn't qualify for loans...and now want to dump them back into Sunset Hills Trailer Park. Forget it. Unless you're willing to jail those people who suckered people into taking those mortgages, then FIX it. Yes, there are GOING to be some homeowners who will lose out...there always are. I'm not talking about those people. I'm talking about the person who finds himself JUST A BIT short every month...and sees no way out. FIX that....then PERHAPS I'll wait to toss your ass in jail.
7) We've had a big discussion about taking responsibility...and dammit to hell, I want to know WHO IS RESPONSIBLE. Don't throw smoke in my face and tell me that I'm part of the problem. I'm NOT.
And yes, I speed down the freeway now and then....but when I get ticketed, I pay. And now...I got my own ticket book out and dammit...I WANT A POUND OF FLESH. You want your $700 BILLION dollar bailout....ok...we can do that...but you'd better feed me some of those who are responsible for this mess.
I'm in no hurry. I'll wait for the election. But as soon as January arrives, I want Congressional hearings. I want a special prosecutor....or several if that what it takes....and I want to see people going to JAIL for this kind of fraud.
Yes, I'm angry now. I want answers. I know the problem. I'm intelligent enough to recognize the the scope of the problem and why a bail out of some sort is necessary. I don't want to see those on Wall Street, especially those CEOs expecting golden parachutes....to profit before we see people living in homes.
So sorry, Jethro....your clean bill would NOT happen if I had my way.
1) Where is this money going to come from? Our treasury, thanx to Jethro and the repuglicant trough wallowers for the first six years of his term...our piggy bank is gone. Where are we going to borrow these billions. We KNOW who is eventually going to pay the bill in the end for all of Jethro's idiocy: Like it or not...the tax payers...and yes, taxes MUST raise.
2) Jethro wanted to give the Sec of Treasury a blank check. Sorry, Jeth...no sale. NO blank check. I want someone watching over his shoulder when he goes to the crapper! That's MY money dammit..you don't get to play foot loose with MY money. You've already demonstrated you don't know shit from Shinola about where the money goes. Sorry, no sale...you get hand holders...and LOTS of them.
3) SO...the CEOs of these companies, those that have driven banks to the very brink of extinction...and are now clamoring for MY money to bail them out, don't want any strings either? Is that what I understand? Are they pissing and moaning and worried about their golden parachute good bye kisses?
Forget it. When this bill passes and your Cheap Shot Mortgage Group takes a drink from the Federal Teat, you are a FEDERAL EMPLOYEE...and you get the GS rate. That's it. No golden parachute. No multimillion dollar nest eggs...no huge stock option gifts....forget it. You're a FEDERAL employee...and your salary and benefits are now set by ME...the federal government.
4) "A clean bill..." forget it. I want bells and whistles and someone checking the checkers who are watching the checkers. NO ONE gets to piss down my back forever and tell me its raining. I want INDEPENDENT, special prosecutor type watchers watching the watchers. Dammit...I WANT regulations coming out the ears. I want to see them with bells and whistles...I want to see the colors of those regulations. I want them in place and fiercely protected before one dime of the $700 billion goes anywhere. And I want it PAINFUL for those corporations whose management was sooooo greedy....so inept...soo underhanded....to FEEL A REAL bite when they take Federal Bailout.
5) And you better keep me and my kids and my neighbors in mind. The middle class under any Repuglycan administration is typically served a HUGE chit sandwich and told to take a BIG BITE. Sorry, not this time. Yes, investors should be protected...TO A POINT....but all investment, as I'm told time and again...is a RISK. It's time that those who were free wheeling discovered what "the risk" really is.
6) So, you want to bail out the INSTITUTIONS who "trickle down" on people who didn't qualify for loans...and now want to dump them back into Sunset Hills Trailer Park. Forget it. Unless you're willing to jail those people who suckered people into taking those mortgages, then FIX it. Yes, there are GOING to be some homeowners who will lose out...there always are. I'm not talking about those people. I'm talking about the person who finds himself JUST A BIT short every month...and sees no way out. FIX that....then PERHAPS I'll wait to toss your ass in jail.
7) We've had a big discussion about taking responsibility...and dammit to hell, I want to know WHO IS RESPONSIBLE. Don't throw smoke in my face and tell me that I'm part of the problem. I'm NOT.
And yes, I speed down the freeway now and then....but when I get ticketed, I pay. And now...I got my own ticket book out and dammit...I WANT A POUND OF FLESH. You want your $700 BILLION dollar bailout....ok...we can do that...but you'd better feed me some of those who are responsible for this mess.
I'm in no hurry. I'll wait for the election. But as soon as January arrives, I want Congressional hearings. I want a special prosecutor....or several if that what it takes....and I want to see people going to JAIL for this kind of fraud.
Yes, I'm angry now. I want answers. I know the problem. I'm intelligent enough to recognize the the scope of the problem and why a bail out of some sort is necessary. I don't want to see those on Wall Street, especially those CEOs expecting golden parachutes....to profit before we see people living in homes.
So sorry, Jethro....your clean bill would NOT happen if I had my way.
Top Comment
-
IT IS BOGUS, CANNOT BUILD ROADS, CANNOT RESCUE TX OR THE MIDWEST, BUT CAN COME UP WITH $700 BILLION TO BAIL OUT FREE MARKET ENTERPRISE! BIG BUSINESS, CEO'S(more)View thread
LEHMAN BROS STILL HAD $2.5 BILLION TO GIVE OUT AS "BONUSES" TO ITS NEW YORK BIG WIGS !!--WHO GETS A BONUS WHEN THE COMPANY GOES BANKRUPT OR EVEN IN A BAD YEAR ! NO ONE
PART OF ME SAYS LET THEM FAIL, IT IS THE COST OF DOING BAD BUSINESS.
THE OTHER PART SAYS, ARE WE PAYING FACE VALUE FOR WORTHLESS PAPER AND WE KNOW IT IS WORTHLESS. (HUHHHHH, WHATTTTT)
ASK ANY COLLECTION AGENCY, THERE ARE PLENTY OF THEM OVER THE LAST 8 YEARS,
DEBT IS ALWAYS BOUGHT FOR "PENNIES ON THE DOLLAR", NEVER "FACE VALUE."
AND TO GIVE ANY ONE PERSON CONTROL OF THAT MUCH TAX PAYER MONEY
$700 BILLION DOLLARS
WITH NO RECOURSE OR OVERSIGHT, NOT NOW NOT EVER COULD A COURT QUESTIO HIS DECISIONS, AS PAULSON HAS PROPOSED, IS COMPLETE LUNANCY.
NO REGULATIONS!
NO BAILOUT,!
I REALLY THINK THEY SHOULD BAIL OUT THE MORTGAGE HOLDERS BY PURCHASING THE MORTGAGES AND ALLOW THOSE PEOPLE A CLEAN SLATE AT AFFORDABLE RATES.
TURN THE OTHERS TO AFFORDABLE HOUSING AND THEN SELL THEM TO THE STATES FOR THAT PURPOSE.
USE LOCAL COMPANIES TO FIX THEM UP IF NEEDED, CREATING JOBS RIGHT NOW PEOPLE.
THERE IS SO MUCH THAT CAN BE ACCOMPLISHED IF DONE CORRECTLY
IF THE MORTGAGES ARE PA...
About Me
cRightwingNut cRight babies beware!!
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July 24, 2008 21:59:28
Garrison Keillor: Casey at the Bat, Pt 2.
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DEAR AMERICAN:
I NEED TO ASK YOU TO SUPPORT AN URGENT SECRET BUSINESS
RELATIONSHIP WITH A TRANSFER OF FUNDS OF GREAT MAGNITUDE.
I AM MINISTRY OF THE TREASURY OF THE REPUBLIC OF AMERICA. MY
COUNTRY HAS HAD CRISIS THAT HAS CAUSED THE NEED FOR LARGE TRANSFER OF FUNDS OF 800 BILLION DOLLARS US. IF YOU WOULD ASSIST ME IN THIS TRANSFER, IT WOULD BE MOST PROFITABLE TO YOU.
I AM WORKING WITH MR. PHIL GRAM, LOBBYIST FOR UBS, WHO WILL BE MY
REPLACEMENT AS MINISTRY OF THE TREASURY IN JANUARY. AS A SENATOR, YOU MAY KNOW HIM AS THE LEADER OF THE AMERICAN BANKING DEREGULATION MOVEMENT IN THE 1990S. THIS TRANSACTIN IS 100% SAFE.
THIS IS A MATTER OF GREAT URGENCY. WE NEED A BLANK CHECK. WE NEED THE FUNDS AS QUICKLY AS POSSIBLE. WE CANNOT DIRECTLY TRANSFER THESE FUNDS IN THE NAMES OF OUR CLOSE FRIENDS BECAUSE WE ARE CONSTANTLY UNDER SURVEILLANCE. MY FAMILY LAWYER ADVISED ME THAT I SHOULD LOOK FOR A RELIABLE AND TRUSTWORTHY PERSON WHO WILL ACT AS A NEXT OF KIN SO THE
FUNDS CAN BE TRANSFERRED.
PLEASE REPLY WITH ALL OF YOUR BANK ACCOUNT, IRA AND COLLEGE FUND ACCOUNT NUMBERS AND THOSE OF YOUR CHILDREN AND GRANDCHILDREN TO WALLSTREETBAILOUT@... SO THAT WE MAY TRANSFER YOUR COMMISSION FOR THIS TRANSACTION. AFTER I RECEIVE THAT INFORMATION, I WIL...
DEAR AMERICAN:
I NEED TO ASK YOU TO SUPPORT AN URGENT SECRET BUSINESS
RELATIONSHIP WITH A TRANSFER OF FUNDS OF GREAT MAGNITUDE.
I AM MINISTRY OF THE TREASURY OF THE REPUBLIC OF AMERICA. MY
COUNTRY HAS HAD CRISIS THAT HAS CAUSED THE NEED FOR LARGE TRANSFER OF FUNDS OF 800 BILLION DOLLARS US. IF YOU WOULD ASSIST ME IN THIS TRANSFER, IT WOULD BE MOST PROFITABLE TO YOU.
I AM WORKING WITH MR. PHIL GRAM, LOBBYIST FOR UBS, WHO WILL BE MY
REPLACEMENT AS MINISTRY OF THE TREASURY IN JANUARY. AS A SENATOR, YOU MAY KNOW HIM AS THE LEADER OF THE AMERICAN BANKING DEREGULATION MOVEMENT IN THE 1990S. THIS TRANSACTIN IS 100% SAFE.
THIS IS A MATTER OF GREAT URGENCY. WE NEED A BLANK CHECK. WE NEED THE FUNDS AS QUICKLY AS POSSIBLE. WE CANNOT DIRECTLY TRANSFER THESE FUNDS IN THE NAMES OF OUR CLOSE FRIENDS BECAUSE WE ARE CONSTANTLY UNDER SURVEILLANCE. MY FAMILY LAWYER ADVISED ME THAT I SHOULD LOOK FOR A RELIABLE AND TRUSTWORTHY PERSON WHO WILL ACT AS A NEXT OF KIN SO THE
FUNDS CAN BE TRANSFERRED.
PLEASE REPLY WITH ALL OF YOUR BANK ACCOUNT, IRA AND COLLEGE FUND ACCOUNT NUMBERS AND THOSE OF YOUR CHILDREN AND GRANDCHILDREN TO WALLSTREETBAILOUT@... SO THAT WE MAY TRANSFER YOUR COMMISSION FOR THIS TRANSACTION. AFTER I RECEIVE THAT INFORMATION, I WILL RESPOND WITH DETAILED INFORMATION ABOUT SAFEGUARDS THAT WILL BE USED TO PROTECT THE FUNDS.
YOURS FAITHFULLY MINISTER OF TREASURY PAULSON
We are tired of being treated as though we only exist when it's time to clean up the mess that occur in Washington. I wish this statement could be read over the air for all to hear!
LEHMAN BROS STILL HAD $2.5 BILLION TO GIVE OUT AS "BONUSES" TO ITS NEW YORK BIG WIGS !!--WHO GETS A BONUS WHEN THE COMPANY GOES BANKRUPT OR EVEN IN A BAD YEAR ! NO ONE
PART OF ME SAYS LET THEM FAIL, IT IS THE COST OF DOING BAD BUSINESS.
THE OTHER PART SAYS, ARE WE PAYING FACE VALUE FOR WORTHLESS PAPER AND WE KNOW IT IS WORTHLESS. (HUHHHHH, WHATTTTT)
ASK ANY COLLECTION AGENCY, THERE ARE PLENTY OF THEM OVER THE LAST 8 YEARS,
DEBT IS ALWAYS BOUGHT FOR "PENNIES ON THE DOLLAR", NEVER "FACE VALUE."
AND TO GIVE ANY ONE PERSON CONTROL OF THAT MUCH TAX PAYER MONEY
$700 BILLION DOLLARS
WITH NO RECOURSE OR OVERSIGHT, NOT NOW NOT EVER COULD A COURT QUESTIO HIS DECISIONS, AS PAULSON HAS PROPOSED, IS COMPLETE LUNANCY.
NO REGULATIONS!
NO BAILOUT,!
I REALLY THINK THEY SHOULD BAIL OUT THE MORTGAGE HOLDERS BY PURCHASING THE MORTGAGES AND ALLOW THOSE PEOPLE A CLEAN SLATE AT AFFORDABLE RATES.
TURN THE OTHERS TO AFFORDABLE HOUSING AND THEN SELL THEM TO THE STATES FOR THAT PURPOSE.
USE LOCAL COMPANIES TO FIX THEM UP IF NEEDED, CREATING JOBS RIGHT NOW PEOPLE.
THERE IS SO MUCH THAT CAN BE ACCOMPLISHED IF DONE CORRECTLY
IF THE MORTGAGES ARE PA...
LEHMAN BROS STILL HAD $2.5 BILLION TO GIVE OUT AS "BONUSES" TO ITS NEW YORK BIG WIGS !!--WHO GETS A BONUS WHEN THE COMPANY GOES BANKRUPT OR EVEN IN A BAD YEAR ! NO ONE
PART OF ME SAYS LET THEM FAIL, IT IS THE COST OF DOING BAD BUSINESS.
THE OTHER PART SAYS, ARE WE PAYING FACE VALUE FOR WORTHLESS PAPER AND WE KNOW IT IS WORTHLESS. (HUHHHHH, WHATTTTT)
ASK ANY COLLECTION AGENCY, THERE ARE PLENTY OF THEM OVER THE LAST 8 YEARS,
DEBT IS ALWAYS BOUGHT FOR "PENNIES ON THE DOLLAR", NEVER "FACE VALUE."
AND TO GIVE ANY ONE PERSON CONTROL OF THAT MUCH TAX PAYER MONEY
$700 BILLION DOLLARS
WITH NO RECOURSE OR OVERSIGHT, NOT NOW NOT EVER COULD A COURT QUESTIO HIS DECISIONS, AS PAULSON HAS PROPOSED, IS COMPLETE LUNANCY.
NO REGULATIONS!
NO BAILOUT,!
I REALLY THINK THEY SHOULD BAIL OUT THE MORTGAGE HOLDERS BY PURCHASING THE MORTGAGES AND ALLOW THOSE PEOPLE A CLEAN SLATE AT AFFORDABLE RATES.
TURN THE OTHERS TO AFFORDABLE HOUSING AND THEN SELL THEM TO THE STATES FOR THAT PURPOSE.
USE LOCAL COMPANIES TO FIX THEM UP IF NEEDED, CREATING JOBS RIGHT NOW PEOPLE.
THERE IS SO MUCH THAT CAN BE ACCOMPLISHED IF DONE CORRECTLY
IF THE MORTGAGES ARE PAID OFF THE BALANCE SHEETS ARE GOOD THEN THE $700 BILLION CAN PRODUCE SOME PROFIT,
AND IT LOOKS TO SOLVE THE ISSUE FROM THE BOTTOM UP
KEEPING PEOPLE IN THEIR HOMES AND PROVIDING AFFORDABLE HOUSING
AT A TIME WHEN, WOMEN, MEN, CHILDERN AND WHOLE FAMILIES HAVE BEEN LEFT SLEEPING IN THEIR CAR IF THEY ARE LUCKY, AT SHELTERS IF THEY ARE AVAILABLE AND CARDBOARD BOZES UNDER BRIDGES........MAN...THAT'S HARD..
ALSO I DO NO SEE PAYING FULL PRICE FOR WORTHLESS DEBT, IT IS CALLED A BUYDOWN, DEBT IS BOUGHT AT "PENNIES ON THE DOLLAR.' A DISCOUNT, BELOW PAR, WHATEVER YOU WNAT TO CALL IT!
COME ON PEOPLE !!