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Topic: Bailouts
voxsteven Joined Wed 05/21/08 Posts: 1813	Thu 11/13/08 01:52 PM
Ok y'all, feel free to tell me where I am wrong here, but shouldn't some of these companies be allowed to succeed or fail on their own merits, like the rest of us have to do?

MsCarmen Joined Wed 05/07/08 Posts: 6282	Thu 11/13/08 01:53 PM
I agree

Haloheldbyhorns Joined Sun 09/28/08 Posts: 5325	Thu 11/13/08 01:53 PM
Not when all the elected officials have stock in the companies they are bailing out

TattooedDude81 Joined Wed 12/05/07 Posts: 1403	Thu 11/13/08 01:54 PM
Agreed. If we fail nobody bails us out! They leave us for dead

ABS929cbrrr Joined Fri 10/10/08 Posts: 44	Thu 11/13/08 01:54 PM
they shall all fail...if ya bail 1 out ya bail them all out and then all the people also...if not ya dont bail a single person or company out and let them suffer from making stupid mistakes.

newarkjw Joined Sun 05/25/08 Posts: 17172	Thu 11/13/08 01:55 PM
Not when all the elected officials have stock in the companies they are bailing out You are correct

Haloheldbyhorns Joined Sun 09/28/08 Posts: 5325	Thu 11/13/08 01:56 PM
Now they are talking about bailing out the auto industry too

MisKim323 Joined Sat 06/28/08 Posts: 14563	Thu 11/13/08 01:56 PM
See....cause I'm thinking I wouldn't mind a bailout on my bills...I think it's only fair

Haloheldbyhorns Joined Sun 09/28/08 Posts: 5325	Thu 11/13/08 01:58 PM
I am unemployed right now and going through my savings fast any one care to bail me out ?? LOL

choclablover Joined Wed 11/12/08 Posts: 2442	Thu 11/13/08 01:58 PM
The difference is we go down the tubes it is us and/ or our families. Some of these monsters go down like AIG, they take out several hundreds of millions of stockholders retirement funds. The question is where was the oversight for these financial institutions? To many vacations at resorts payed off those with oversight.

voxsteven Joined Wed 05/21/08 Posts: 1813	Thu 11/13/08 01:58 PM
Now they are talking about bailing out the auto industry too Thats what really got me thinking about it. Maybe GM needs to fall on its ass and pick itself up again like real people have to do.

MsCarmen Joined Wed 05/07/08 Posts: 6282	Thu 11/13/08 01:59 PM
See....cause I'm thinking I wouldn't mind a bailout on my bills...I think it's only fair He!! Yeah!

Fade2Black Joined Mon 10/08/07 Posts: 50752	Thu 11/13/08 02:00 PM
Now they are talking about bailing out the auto industry too ya but with some of the funds approved for the financial industry. stupid move. they'll go right thru it and want more. and the financial industry is the baseline of all the rest. They are the ones who give more $$ out .. so they need to be healthy foremost.

guyguy1225 Joined Sat 09/15/07 Posts: 1936	Thu 11/13/08 02:00 PM
Ok y'all, feel free to tell me where I am wrong here, but shouldn't some of these companies be allowed to succeed or fail on their own merits, like the rest of us have to do? agreed ,but the banks are entirely different they have the possibility to hurt the the economic fabric of the U.S maybe the world !! It's not like they are bailing out a company like Kmart or something ...see that's why they call it FDIC insured !!

Haloheldbyhorns Joined Sun 09/28/08 Posts: 5325	Thu 11/13/08 02:02 PM
The difference is we go down the tubes it is us and/ or our families. Some of these monsters go down like AIG, they take out several hundreds of millions of stockholders retirement funds. The question is where was the oversight for these financial institutions? To many vacations at resorts payed off those with oversight. Yea the golden parachute club screwing up their companies and then getting handed millions for doing it when they get ousted

voxsteven Joined Wed 05/21/08 Posts: 1813	Thu 11/13/08 02:03 PM
The difference is we go down the tubes it is us and/ or our families. Some of these monsters go down like AIG, they take out several hundreds of millions of stockholders retirement funds. The question is where was the oversight for these financial institutions? To many vacations at resorts payed off those with oversight. Yea the golden parachute club screwing up their companies and then getting handed millions for doing it when they get ousted Exactly! And this is NO conspiracy theory: The first thing some of those execs do after getting "bailed out" is give themselves huges bonuses!! That is highway robbery!

Haloheldbyhorns Joined Sun 09/28/08 Posts: 5325	Thu 11/13/08 02:05 PM
The difference is we go down the tubes it is us and/ or our families. Some of these monsters go down like AIG, they take out several hundreds of millions of stockholders retirement funds. The question is where was the oversight for these financial institutions? To many vacations at resorts payed off those with oversight. Yea the golden parachute club screwing up their companies and then getting handed millions for doing it when they get ousted Exactly! And this is NO conspiracy theory: The first thing some of those execs do after getting "bailed out" is give themselves huges bonuses!! That is highway robbery! This should have been dealt with after Enron!!!! big red light there!!!

MisKim323 Joined Sat 06/28/08 Posts: 14563	Thu 11/13/08 02:05 PM
I am unemployed right now and going through my savings fast any one care to bail me out ?? LOL Been out of work for 15 weeks with no savings... sucks

choclablover Joined Wed 11/12/08 Posts: 2442	Thu 11/13/08 02:07 PM
Let not forget to mention that some of these exec's get hired back for big bucks as consultants for their former employers....where can I sign up for a gig like that.

Haloheldbyhorns Joined Sun 09/28/08 Posts: 5325	Thu 11/13/08 02:10 PM
Let not forget to mention that some of these exec's get hired back for big bucks as consultants for their former employers....where can I sign up for a gig like that. Obama has a few of them on his trasition team does he not ?