Comments on: Heads They Win, Tails You Lose: Why the Bailout Plan Will Fail U.S. Taxpayers http://www.moneymorning.com/2008/10/02/senate_bailout_bill/ Investment News Provider Thu, 19 Nov 2009 15:36:16 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Some Blog Site » Blog Archive » Not a Bailout http://www.moneymorning.com/2008/10/02/senate_bailout_bill/comment-page-2/#comment-13071 Some Blog Site » Blog Archive » Not a Bailout Thu, 11 Dec 2008 04:06:03 +0000 http://www.moneymorning.com/?p=2396#comment-13071 [...] for Detroit auto companies. It is not a bailout. They are asking for a loan. A bailout is what the financial companies got: billions of dollars with no questions asked, no strings attached, and repayment is [...] [...] for Detroit auto companies. It is not a bailout. They are asking for a loan. A bailout is what the financial companies got: billions of dollars with no questions asked, no strings attached, and repayment is [...]

]]> By: How U.S. Missteps Triggered a Spiral of Worldwide Margin Calls and Deepened the Financial Crisis | triggereventstrategist.com http://www.moneymorning.com/2008/10/02/senate_bailout_bill/comment-page-2/#comment-12933 How U.S. Missteps Triggered a Spiral of Worldwide Margin Calls and Deepened the Financial Crisis | triggereventstrategist.com Mon, 08 Dec 2008 18:17:23 +0000 http://www.moneymorning.com/?p=2396#comment-12933 [...] not going to be okay because the plans that Treasury and the Fed have put forth weren’t plans to begin with. They are reacting, moment-by-moment to the [...] [...] not going to be okay because the plans that Treasury and the Fed have put forth weren’t plans to begin with. They are reacting, moment-by-moment to the [...]

]]> By: Bob Cornell http://www.moneymorning.com/2008/10/02/senate_bailout_bill/comment-page-2/#comment-12890 Bob Cornell Mon, 08 Dec 2008 01:40:08 +0000 http://www.moneymorning.com/?p=2396#comment-12890 Hi there to all, The current economic problem is the "pits". But, whose to blame for this situation ( and this is extremely important). It's basically the American taxpayer for letting Congress; et. al.; "get by with such chinanagins". If America didn't have such tremendous debt, I think we'd be O.K. If any budget surplus would be applied automatically to reduce our debt, I believe again, that we would be O.K. Instead any surplus has gone to build roads and bridges to help get the sitting Congressmen re-elected. Since 1878 there has been such a bill presented to Congress that would hopefully bring close to a balanced budget. Instead the the bill has never made it to the floor. It was either tabled or simply ignored. Thomas Jefferson is most probably known for his quotations. One of his most famous is " The American taxpayer has the responsibility to see that his country is managed properly." It appears that we have been shirking our responsibility by letting someone else do that for us. (those that we elect to represent us.) Many thanks, Bob Cornell bobwcornell@comcast.net Hi there to all,
The current economic problem is the “pits”. But, whose to blame for this situation ( and this is extremely important). It’s
basically the American taxpayer for letting Congress; et. al.; “get by with such chinanagins”.
If America didn’t have such tremendous debt, I think we’d be O.K.
If any budget surplus would be applied automatically to reduce our debt, I believe again, that we would be O.K.
Instead any surplus has gone to build roads and bridges to help get the sitting Congressmen re-elected.
Since 1878 there has been such a bill presented to Congress
that would hopefully bring close to a balanced budget.
Instead the the bill has never made it to the floor. It was either tabled or simply ignored.
Thomas Jefferson is most probably known for his quotations.
One of his most famous is ” The American taxpayer has the
responsibility to see that his country is managed properly.”
It appears that we have been shirking our responsibility by letting someone else do that for us. (those that we elect to represent us.)

Many thanks,
Bob Cornell
bobwcornell@comcast.net

]]> By: Jutia Group - Market Jitters & Political Critters http://www.moneymorning.com/2008/10/02/senate_bailout_bill/comment-page-2/#comment-11958 Jutia Group - Market Jitters & Political Critters Mon, 10 Nov 2008 15:45:53 +0000 http://www.moneymorning.com/?p=2396#comment-11958 [...] Money Morning Credit Crisis Investigative Series: Heads They Win, Tails You Lose: Why the Bailout Plan Will Fail U.S. Taxpayers. [...] [...] Money Morning Credit Crisis Investigative Series: Heads They Win, Tails You Lose: Why the Bailout Plan Will Fail U.S. Taxpayers. [...]

]]> By: For the U.S. Economy in the New Year, the Pain Will Precede the Promise http://www.moneymorning.com/2008/10/02/senate_bailout_bill/comment-page-2/#comment-11950 For the U.S. Economy in the New Year, the Pain Will Precede the Promise Mon, 10 Nov 2008 14:33:40 +0000 http://www.moneymorning.com/?p=2396#comment-11950 [...] Money Morning Credit Crisis Investigative Series: Heads They Win, Tails You Lose: Why the Bailout Plan Will Fail U.S. Taxpayers. [...] [...] Money Morning Credit Crisis Investigative Series: Heads They Win, Tails You Lose: Why the Bailout Plan Will Fail U.S. Taxpayers. [...]

]]> By: Study of Great Depression  Shows Intervention Postpones Foreclosures, But Causes Mortgage Rates to Spike http://www.moneymorning.com/2008/10/02/senate_bailout_bill/comment-page-2/#comment-11822 Study of Great Depression  Shows Intervention Postpones Foreclosures, But Causes Mortgage Rates to Spike Thu, 06 Nov 2008 14:31:59 +0000 http://www.moneymorning.com/?p=2396#comment-11822 [...] Money Morning Credit Crisis Investigative Series: Heads They Win, Tails You Lose: Why the Bailout Plan Will Fail U.S. Taxpayers. [...] [...] Money Morning Credit Crisis Investigative Series: Heads They Win, Tails You Lose: Why the Bailout Plan Will Fail U.S. Taxpayers. [...]

]]> By: Credit Crisis Expert Says Proposed Plan to Bail Out Delinquent Homeowners May Face Too Many Problems to Succeed http://www.moneymorning.com/2008/10/02/senate_bailout_bill/comment-page-2/#comment-11500 Credit Crisis Expert Says Proposed Plan to Bail Out Delinquent Homeowners May Face Too Many Problems to Succeed Fri, 31 Oct 2008 12:44:39 +0000 http://www.moneymorning.com/?p=2396#comment-11500 [...] Money Morning Credit Crisis Investigative Series: Heads They Win, Tails You Lose: Why the Bailout Plan Will Fail U.S. Taxpayers. [...] [...] Money Morning Credit Crisis Investigative Series: Heads They Win, Tails You Lose: Why the Bailout Plan Will Fail U.S. Taxpayers. [...]

]]> By: Bush Administration Proposing Plan to Bail Out Delinquent Homeowners http://www.moneymorning.com/2008/10/02/senate_bailout_bill/comment-page-2/#comment-11462 Bush Administration Proposing Plan to Bail Out Delinquent Homeowners Thu, 30 Oct 2008 19:07:04 +0000 http://www.moneymorning.com/?p=2396#comment-11462 [...] Heads They Win, Tails You Lose: Why the Bailout Plan Will Fail U.S. Taxpayers. [...] [...] Heads They Win, Tails You Lose: Why the Bailout Plan Will Fail U.S. Taxpayers. [...]

]]> By: Fears of Mortgage Rate Re-Sets May Fuel LIBOR Manipulation and Mask Deeper Banking System Problems http://www.moneymorning.com/2008/10/02/senate_bailout_bill/comment-page-2/#comment-11194 Fears of Mortgage Rate Re-Sets May Fuel LIBOR Manipulation and Mask Deeper Banking System Problems Thu, 23 Oct 2008 13:20:56 +0000 http://www.moneymorning.com/?p=2396#comment-11194 [...] Money Morning Special Investigation of the U.S. Credit Crisis (Part V): Heads They Win, Tails You Lose: Why the Bailout Plan Will Fail U.S. Taxpayers. [...] [...] Money Morning Special Investigation of the U.S. Credit Crisis (Part V): Heads They Win, Tails You Lose: Why the Bailout Plan Will Fail U.S. Taxpayers. [...]

]]> By: How U.S. Missteps Triggered a Spiral of Worldwide Margin Calls and Deepened the Financial Crisis http://www.moneymorning.com/2008/10/02/senate_bailout_bill/comment-page-2/#comment-11118 How U.S. Missteps Triggered a Spiral of Worldwide Margin Calls and Deepened the Financial Crisis Tue, 21 Oct 2008 17:09:17 +0000 http://www.moneymorning.com/?p=2396#comment-11118 [...] not going to be okay because the plans that Treasury and the Fed have put forth weren’t plans to begin with. They are reacting, moment-by-moment to the [...] [...] not going to be okay because the plans that Treasury and the Fed have put forth weren’t plans to begin with. They are reacting, moment-by-moment to the [...]

]]>