What is it Really Going to Cost?

I think this happened when we were all distracted by the Palin smokescreen! What a reckless, irresponsible choice to make and then use her to distract everyone from the real mess we are in. The ditz even warned us in a way 'not to blink'.
The rich get richer! We need a REVOLUTION!

Gas has been the root of this mortgage crisis. We were doing pretty good unitl gas jumped $2.00 per gallon. Thank you democratic elected congess. They were elected two years ago. When did gas start going up...Fas plays a bigger part in tis. Food, goods, etc all cost more.
No to the bailout...Bring gas prices down...

$700 B illion bailout price tage is based on 5% of mortgages already in foreclosure and another 2% are past due and may go into foreclosure. If forclosuresgrow to 10% then will bailout double to $1.4 Trillion?

Why does gov say bailout protects my 401k? I converted all stocks to money market which is FDIC insured so I will not lose one penny so I do not need bail out.

Why does gov. say we need bailout or else my debt card will not work. The checking account attached to my debit
card is FDIC insured so I do not need bail out.

Why is it so terrible for someone to live in an apartment instead of owning a house? I lived in apartment for 25 years and saved my money til I could afford a home.

I like the Birk plan,You could buy a car, start a bussiness, open a retirement account and pay off the house, sounds good to me. And most of the loans were taken out at the encouragement of loan officers who didn't care if you could pay them back as long as they got their commisions. How many people really understand the legaleese of most of these documents anyway. When you didn't have credit-they looked the other way and said "oh sure, you can pay for it. your credit is good for it." stroke a customer's ego alittle and keep em in the dark and you can make the sale. I don't blame the consumer entirely for this one. Most of those who defaulted lost a job, so they lost their homes, and jobs are scarce enough that replacing one isn't easy. No this one's on the CEOs and salespeople and lenders. Why should they be helped at all? This economy is going down anyway. This will not save a thing.

Why does every one think that what ever happens to this country is the presidents fault. Don't you people of this country understand that it is the Senate and the Congress that make up the rules and Laws That are screwiing us. The Demecrats have been in control of the whole government for the last four years, and they have done nothing but screw us over. They pasted a law that we can drill, but we can't drill within 50 miles of the coast, well they screwed us again cause there is no oil beyond fifty miles. SO WAKE UP PEOPLPE OF THIS COUNTRY OUR CONGRESSMAN AND SENATORS ARE SELLING US OUT!!!

Trust Paulson! We have been trusting him and Bernake, and see what it got us. He is a former wall streeter, and he will be looking out for his old cronies, not the taxpayer. Why do you think he lobbied so hard to not include salary caps on those we bail out?

Everyone is focusing on the politicians and CEO's. What about the consumers that took out the loans knowing they couldn't pay them back? We as a society seem to blame everyone else for our issues and take no responsibility for our actions.

Stop drawing lines in the sand and blaming the world. How about living within your means and pay cash. If you don't have the cash to buy your new 60"plasma or shiny new rims for your car maybe you don't need it. Stop penalizing me for other peoples stupid mistakes.

Reagan deregulated the banks among many other institutions when he was president with partner in crime then vice pres. George Bush sr. These loans (most of them) would not have been made had the banks still been regulated.

The Republican motto: Privatize my proftts, socialize my losses.

Lock em UP! First Enron, Then Worldcom. In one day 5900 of us lost our job. Then Worldcom went bankrupt, we lost most our severance, all unpaid commisssions and SHERSON LEHMAN put all our 401k monies into "WORLDCOM STOCK"... so we lost it all. Not them, not Bernie Ebbers. Assets should be sold, employees paid, then stock holders. ENOUGH This is theft! As a single mom of 3, my kids never understood how mom lost her job, savings, retirement and still the Worldcom ads on TV and trucks roll. Cap the exec's salary, pay OUR bills, why should the american public bail those out who gave us the shaft? Oh yeah, because they ruined our economy and where was our leader???

Lock em UP! First Enron, Then Worldcom. In one day 5900 of us lost our job. Then Worldcom went bankrupt, we lost most our severance, all unpaid commisssions and SHERSON LEHMAN put all our 401k monies into "WORLDCOM STOCK"... so we lost it all. Not them, not Bernie Ebbers. Assets should be sold, employees paid, then stock holders. ENOUGH This is theft! As a single mom of 3, my kids never understood how mom lost her job, savings, retirement and still the Worldcom ads on TV and trucks roll. Cap the exec's salary, pay OUR bills, why should the american public bail those out who gave us the shaft? Oh yeah, because they ruined our economy and where was our leader???

Fly the American Flag

I do think that there should be a bailout for the bacnks but only on a case by case basis. 401k's and other individually invested funds should be protected. However, outrageously inflated severence packages, bonuses and perks should cease completely wiped out. The government needs to slow down and examine this thing in its fullest to make the best possible decision. The banks need to pay a portion back and if we, the taxpayers, will have to absorb any of this new (but really old) debt, they need to include a clause that will forgive a portion of our individual or household debt depending on our filing status. At the very least, $2300 gas cards for everybody!

These economics mess we are in right now are the doing of the politicians. Be it Democrats or Republicans.

I think we need to stop all these entitlements to all these people coming in this country from all over wanting a free handput and get more than our own people that worked all their lives

The number is about $2300.00 per person. If they give us the stock we pay for it will be worthless. If they keep it, it will be worth pennies on the doller! All of the rest will end up in the hands of the chosen few. The few we chose to represent us! Either way it is a lose-lose proposition for the taxpayer! Are there any politicians left who will truely represent the best interest of the people of our failing country?