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Originally Posted by SCUDSBROTHER
Good. They deserve it. Gov't doesn't have the money to give. Either have to borrow it, or print it. So, for people (like myself) that have their money in dollars, the last thing we want our Gov't doing is printing more, and destroying 10-20% of our money's value. That's what this would do. Do I care that people won't be able to get loans? I live within my means for operating expenses. I care, but people need to get back to living off the money they have. THIS IS HOPEFULLY THE START OF AMERICANS LIVING WITHIN THEIR MEANS. Not just regular Americans, but the companies that they keep trying to scare everybody with. Everybody needs to wake up, and stop living off credit. I don't do that, and I am in no hurry to bail out companies that say they need credit. Stop giving your CEO 40 million a year while claiming you can't get money to cover daily operating expenses. Tired of it. I was made fun of for not putting my money in this or that. I refused. The people saying this has to be done are the same people telling me I had to invest in this or that. Too bad. I ain't for bailing you out because you gambled with your money in stocks , or anything else. That's one reason they tell you this has to be done(if you don't then they will lose money on their stocks etc.) FCK OFF.
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I agree average joe should not bail out wall street fat cats, but we do need an immediate fix to stop the bleeding. You must understand that wall street drives main street and if this bailout does not go through average joes balls will be chopped off, fat cats will still be fat cats only a bit skinny. We can look for a long term solutions LATER.