Archive for the ‘Business’ Category:
The 700 billion bailout
The fact that this didn’t go through gives me some hope.
Really.
Those lying, shameless S.O.B.s who brought us in this situation should now be bailed out with 900 billion dollars?
I think you should bring them to court and put them in prison, take away they’re fancy mansions and private jets and get some justice in the system!
Yes – something NEEDS to be done. Even Warren Buffet, who has usually a very calm and laid-back style said if we don’t do something we’re headed towards “the biggest financial meltdown in American history” (yes, that means even bigger than the great depression last century).
But don’t give a man like Paulson – a man who IS PART OF THIS GROUP OF SHAMELESS PEOPLE WHO BROUGHT US IN THE TROUBLE THE FIRST PLACE – a 900 billion check and allow him to do what he wants, without ever having to justify or be responsible for how that money will be used.
Honest, hard-working americans don’t deserve to be treated this way. And I highly respect both the republicans and the democrats who voted against this bailout – but SPECIALLY the republicans, because they were under even more pressure from current President Bush and presidential nominee McCain to make this bailout happen. Yet, they voted against it. I highly respect them for that.
Now, there are of course problems too – U.S. stocks plummeted, losing $1.2 trillion in market value. The Dow Jones Industrial Average nosedived 778 points, the biggest point drop ever.
Treasury Secretary Hank Paulson should be put out of office if you ask me. And so should Pelosi, Cox and Bernanke.
Tags: 1.2 trillion, 700 billion bailout, 779 points, American History, Bailout, Bernanke, Billion Dollars, bush, cox, Dow Jones, Dow Jones Industrial, Dow Jones Industrial Average, Financial Meltdown, Great Depression, Hank Paulson, Laid Back, Mansions, Mccain, pelosi, President Bush, Presidential Nominee, Private Jets, Republicans, Treasury Secretary, Trillion, Warren Buffet
