i shouldnt have to pay either

 

agreed

the aging baby boomers scare me too we are screwed!!!!

i understand why they did it but come on tehy went belly up because they screwed up! not because they got hit by lightning

 

****ing dip**** bastard ***** *** trick ******* **** morons!!!!!

**** McCain
**** Obama
**** Biden
**** Palin

AAAAAAAAAGRRRRRRRGGGGGHHHHHHH

 

^ well put

 

Pete, I'm right there with ya. I just got done ranting to one of my co-workers for like an hour. This sooo f'd up. For those pointing fingers, and riding different band wagons, this is no time for he said, she said. They are all to blame and not a single one of them has a solution. The feds should have responded more appropriately to the "free market" after enron. Years later were're right back in the same situation just a different sector. Congress is useless. They're too worried about being reelected to address this until after the election. Too worried about tarnishing the other sides reputation. I hate all of these bastards... DIAMFF!!!!

 

why help a company that seemed to have infinite resources and enough smart business sense to keep a float but still some how could not manage it.

something tells me... maybe they were meant to go ****ing under.

they will back these businesses with billions while the next generation of students can barely ****ing afford school. what a bunch of bull****.

 

Here is a fairly decent explaination of why it is (probably) necessary, as painful as it may be.

http://freakonomics.blogs.nytimes.co...ial-upheavals/

 

I read that and find it to be a load of excrement, if completely fails to address the root causes and likely results of these bail-outs and it neglects the obvious conflicts of interest inherent in giving unchecked authority to a (former) Bear Stearns Director (H. Paulson) to at his discretion hand out nearly 10% of our entire national GDP.

When they use wording like this:

"Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency."

You just know major crimes are going to be committed.

Until the executives who made the bad decisions leading to this "crisis" are held accountable and responsible for their bad decisions, there is nothing to keep them from bleeding this entire country into a depression that will make the 1930's look like a walk in the park.

http://en.wikipedia.org/wiki/Gambler%27s_conceit
pretty well sums up my expectations....

We are collectively ****ed.