Ada vs. Wall Street

Well friday new brought US OILCOMPANIE MONIEs BY McCAIN Mothers FAMILIIE.......HMMMMMMM
mcCAIN wife financial ANHEUER-BUSCh BEER...wellllllllllllllllllllllllll

WELL check this OUT H12211 by REP. Ms KAPTUR Cotober 30 2007.
$ 400 000 000 BILLION in assest-backed COMMERCIAL paper has FAILED to ROLL-OVER.and the story in not yet over!
New York Times GET READY FOR THE BIG SQUEEZE!Any reugulations was ask of the PAULSON then ?This mulititrillion -dollar SUBPRIME SWINDLE is the GREATES FINANCAIL FRAUD IN HISTORY.Chek it Out/http://thomas.locgov.cgi-bin/query/C?r110:./temp/`r110YM8OhG.
Revolt America ...............

Well CHECKS this out HI 2211 30 OCTOBEr 2007 By READS this into the RECORD of CONGRESS $4 00 000 000 BILLION in ASSETS -backed COMMERCIAL paper HAV FAILED TO ROLL-OVER.
htt:?/thomas.loc.gov/cgi-bin/query/C?r110:./temp/~r110YM8Ohg..
CONGRESS FAILED TO PROTECT THE AMERICAN POEPLS MONIES! ...Revolt NOW

Why are we ,bailing out someone that screwed up, why not give the money to the american people. if we were to give 174,000.00 to each American Citizian 18 and older that would solve the ecomony from crashing, and I dont' think the american people would mind being taxed on that.. I would stimiulate the ecomony,homes would be paid for, young would beable to attend colleges that they could not otherwise. itw a win win if you ask me. sure beats giving the ones that screwed up our money to do it again..

i am really tired of the premise "if you want a very qualified executive" you must pay big $$. I believe these very prima donnas cheapen a business literally and figuratively. We need the guy who does a good job because he has pride and self worth. There are plenty of hungry guys out there ready to lead for a lot less. What have we got to lose?? The prima donnas have been busted!

I purchased a home three years ago. When I went to Wachovia for the mortgage loan, I was told not to include a promissory note or I would not get the loan. I was told to claim it as a gift. I went to another mortgage company and was told that would have been fraud on my part, even though I was told to do it. So, do I feel sorry for these mortgage companies... NO! They got themselves in this mess, figure out how to get yourselve out of it. It all boils down to GREED!

From THE WALL STREET JOURNAL:
Under the Bush plan, the Treasury Department would be able to buy $700 billion of toxic investments currently burdening many financial institutions. The hope is that doing so would encourage investors to recapitalize the struggling banks, and get the nation's bond markets working again.
OMG>>>>THEY HOPE IT WORKS???? The US is bailing business out and "HOPES" IT WORKS?
The taxpayer needs something more than "HOPE IT WORKS"

There are so many faces to this thing that one simple answer isn't going to cut it. Even without theis bailout America is borrowing money from the future of our greatgrandchildren, and the lives of our son's and daughters. I am a dyed in the wool republican 58 years never missed an oppotunity to vote, love Maverick Mc Nasty and Pitbull Palin, and their fighting spirit to put god and country first. ButSuspending all government spending and programs for the Middleclass just won't work because who will pay for the Headstart Programs for the 3,4,and 5 yearolds in North St Louis who are born of mothers forced into poverty by a lack of education and the opportunities to make good choices, who are part of the future of this Country, and will inevitably be the new owners of all this debt? who would pay for the WIC Programs, the medicare programs so senior citizens can have the pitiful amount of health care they have now? Some of the earmarks pay for that now. People at the lowest level of the american culture depend on them for help. Don't kid yourself the government programs that help these people are not generous, to obtain anything from Uncle Sam you fill out a ream of paperwork make copies in triplicate and wait,and wait and wait some more, often to be turned down or away because the right form wasn't filled out or something was omitted and it can take months or even years(look at Hurricane Katrina and even Maverick had to wait to be set free,just to name a coupleof incidents.) and you still don't get what you need, when you need it, or enough to really fix the problem. Nationalised healthcare may not be the best answer but it would at lest help people who don't have any thing at all and the american people are already paying high taxes for a health care system that combines government programs and private insurance programs that don't really cover enough to keep anyone healthy. Continueing at war with militants in a country that has a 79 billion dollar surplus when we are almost bankrupt suggests an alternate solution... how about if THEY start footing some of the bill? All these are just some crazy ideas from a Valley Girl who liked Paris Hilton's Take on the environment...all of the abvove. As a Country we need all the good ideas we can get, not some extremist rhetoric. We need a man who can behave in a civilised way on the world stage, who is poised and confident , and able to think on his feet, not just fly by the seat of his pants. now who do you think that is, based on the debate?????

You don't need to have a Harvard education to know that. What are amazing are the fearless speeches supporting the bailout of 700 billions without even asking the obvious question:
-"Who put that money in their pockets?"
Make these guys return the product of their ???diligent and efficient??? work.
We must include in that group of ???smart??? people senators, politicians, advisers and employees paid with our money to watch and turn on the red lights at the time when the larceny was first detected.
My friends, that will be known as the biggest robbery of all times unless the things continue to run freely and another created financial crisis would reach the market once again.
Cesar C. Almeida
Email: cesarcalmeida@hotmail.com

Let me get this right....the US has so far paid 400 billion to bail out Just 3 companies and now they want 700 billion more??? OMG....THAT'S 1.1 TRILLION SO FAR if the next bail out package goes thru.
I DON'T THINK SO.....Better put that's more than the total GNP for the USA in one year

Noda was "bailed out" by bankruptcy protection. Some paid for her bills and it was not Noda. What she did and what larger institutions are asking for is the same thing, but on a larger scale. I wonder what her position would be if she had stock in WaMu.

Anyone who says "i hope the bottom falls out once he is in office" is spewing anti=obama hate that overcomes their patriotism and likely comes from their own spite and bile, because the dishonest magical conjurers who orchestrated the first round in this financial debacle, the Clintons, did not get an opportunity to finish deatroying our nation. It figures that disgruntled Clinton supporters would rather see the whole country go to hell in a heandbasket rather than heal and prosper with Barack Obama the greatest presidential candidate and leader we have had in half a century or more.
To state that Barackl Obama is handsome is beside the point. He is Black and that is all teh reacosts will see. I am among those of his earliest supporters that hope his transcendent mature message and brave leadership can gide our nation into a renewal of all its great goodness and strength.

I thought I had read it all on Newsweek until I read this bumpkin story.
Some plan: file bankruptcy.
Yes, oh wise editors of this column, this is newsworthy, and sooooo informative.
I really need to seek out better news information.

I'm sorry...when she declared bankruptcy, did she think her bills were paid by a money fairy? We paid for THAT too. If she thinks all those businesses should just declare bankruptcy and start over, that is essentially what they are trying to do. It works the same--one way or the other the public will have to pay for someone else mishandling money. One way, and loan, one way backing out of their responsibilities. And we're getting stuck with the bill.

I vow for the last paragraph of the above article. Financial institution managers shall not engage in risky business that gives the false impression of a blooming enterprise model, receive hefty bonuses and stock options on that shaky basis, and then reveal that they are going under -unless the government steps in to save them. This kind of business is what Brazil's president Luis D Silva called at his speech at the United Nations "The Anarchy of Speculators, " on quote.

If the government steps in and save them, they will claim credit for saving the enterprise, reap again hefty bonuses, and the taxpayers will be soaked while the "anarchy of speculators" will continue. And why not?
If the management of financial institutions make money while losing the investors money, and then make money again for saving the institution with taxpayers money, then, they have found the perfect Godsend
environment to enrich themselves and drive others to poverty with impunity.

Worse yet is a new propaganda campaign by the failing financial institutions and those Wall Street gurus
who make their wealth with fees from them. They started to tell reporters that those "Toxic Debts" they want to unload to the government are a good investment because the government can re-package and sell them later at a profit! It is totally false! Without unloading those on the Feds, those will be "write offs," and write offs are total losses discarded to shrink the liability weight and enhance the float ability of the company - not valuable assets to be re-packaged and sold for profit.

The government plan shall establish a $ 700 million fund to compensate investors whose total assets are worth less that $ 500.000, and let those who have made millions in the "anarchy of speculators"
Wild Wall Street lose some of their ill-gotten gains. That is the only way to ensure some sanity on Wall Street. Let the financial market correct itself, compensate the innocent and poor investors, and send a message to the speculators: You drained the money from the market and brought it to the bottom. Now you lose some to brink that up to the prior level again, and, if it happens again, you are going to be the only loser. This will be the curse of Sisyphus on speculators, and it will surely be the best financial stabilizing factor from the present rapacious environment..
Nikos Retsos, retired academic and losing investor.

SAVE AMERICA
OPEN THE DOORS
AMERICA IS A COUNTRY OF IMMIGRANTS
IMMIGRANTS WILL SAVE AMERICA
GIVE CITIZENSHIP FOR EVERYBODY WHO BUY A HOUSE BY CASH

I appreciate this story about an elderly woman starting over after bankruptcy. But I also find it an odd way to discuss the Wall Street bailout. At its heart, Ms. Noda's story is actually an indictment of the American health care system. Ms. Noda was bankrupted by her medical bills. If she were German, Japanese, French or British it's hard to imagine she would have had to suffer as much as she has in the United States. Of all the industrialized nations in the world, only in the United States do we consider it acceptable for an elderly woman like Ms. Noda, who worked all her life, to be forced into bankruptcy by her medical bills.