Comments on: The Bailout Scorecard http://emac.blogs.foxbusiness.com/2008/09/23/the-bailout-scorecard/ Fri, 20 Nov 2009 19:57:36 -0500 http://wordpress.org/?v=2.8.5.2 hourly 1 By: Doug McPhee http://emac.blogs.foxbusiness.com/2008/09/23/the-bailout-scorecard/comment-page-3/#comment-3531 Doug McPhee Tue, 30 Sep 2008 18:21:09 +0000 http://emac.blogs.foxbusiness.com/?p=179#comment-3531 Elizabeth, Mr. Westbury posits a very interesting alternative approach to the problem....has anyone in Washington DC looked at it? It actually looks like it makes sense, it the most cost effective, does not require Congressional approval.....can someone make a decision? Elizabeth,

Mr. Westbury posits a very interesting alternative approach to the problem….has anyone in Washington DC looked at it? It actually looks like it makes sense, it the most cost effective, does not require Congressional approval…..can someone make a decision?

]]> By: RJG http://emac.blogs.foxbusiness.com/2008/09/23/the-bailout-scorecard/comment-page-3/#comment-3528 RJG Tue, 30 Sep 2008 18:01:58 +0000 http://emac.blogs.foxbusiness.com/?p=179#comment-3528 Hey the market is up and the dollar is up. Still waiting for the end of the world. This while Europe is busy nationlaizing its banks. Hey the market is up and the dollar is up. Still waiting for the end of the world.
This while Europe is busy nationlaizing its banks.

]]> By: Rhonda Mullins http://emac.blogs.foxbusiness.com/2008/09/23/the-bailout-scorecard/comment-page-3/#comment-3525 Rhonda Mullins Tue, 30 Sep 2008 17:41:51 +0000 http://emac.blogs.foxbusiness.com/?p=179#comment-3525 NO! to the Bailout. We know they are only trying to save there lined pockets and they are all in thick. We will vote you out if you do not kill this bailout! NO! to the Bailout. We know they are only trying to save there lined pockets and they are all in thick. We will vote you out if you do not kill this bailout!

]]> By: BobD http://emac.blogs.foxbusiness.com/2008/09/23/the-bailout-scorecard/comment-page-3/#comment-3474 BobD Tue, 30 Sep 2008 15:25:35 +0000 http://emac.blogs.foxbusiness.com/?p=179#comment-3474 I see two problems that must be fixed in the bailout legislation: 1. The initial reason for the bailout is lending money to deadbeats under pressure from the lefty politicians. This has not changed so the problem will start up again once credit loosens. 2. The taxpayer is being asked to assume corporate risk. This risk is normal and MUST stay with the institutions who make the investments. Bankruptcy is normal and a proper tool to rid the corporate world of stupid companies - don't interfere with a normal process. Until these issues are formally dealt with the taxpayer will not be onboard - we're just not that stupid - DAH! I see two problems that must be fixed in the bailout legislation:

1. The initial reason for the bailout is lending money to deadbeats under pressure from the lefty politicians. This has not changed so the problem will start up again once credit loosens.

2. The taxpayer is being asked to assume corporate risk. This risk is normal and MUST stay with the institutions who make the investments. Bankruptcy is normal and a proper tool to rid the corporate world of stupid companies – don’t interfere with a normal process.

Until these issues are formally dealt with the taxpayer will not be onboard – we’re just not that stupid – DAH!

]]> By: Sandy http://emac.blogs.foxbusiness.com/2008/09/23/the-bailout-scorecard/comment-page-3/#comment-3470 Sandy Tue, 30 Sep 2008 15:15:41 +0000 http://emac.blogs.foxbusiness.com/?p=179#comment-3470 Get over it ... NO BAILOUT!!! Let the Markets heal themselves. Let mortgages go into forclosure. Let businesses fail; if they have to borrow to meet their payrolls, they should not be in business. Far, far too much is being handled with credit. No sympathy for investor portfolios. Their managers got themselves into this mess; let them get themselves out. If mainstreet must get themselves out of debt, we'd have to take the hit ... so should the idiots who made bad investments. Get over it … NO BAILOUT!!! Let the Markets heal themselves. Let mortgages go into forclosure. Let businesses fail; if they have to borrow to meet their payrolls, they should not be in business. Far, far too much is being handled with credit.

No sympathy for investor portfolios. Their managers got themselves into this mess; let them get themselves out. If mainstreet must get themselves out of debt, we’d have to take the hit … so should the idiots who made bad investments.

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