What are your thoughts on the $700B bailout plan? What is your biggest fear? Hope? ...concerning the bailout?

Favorite Answer

Do you think we really need a $700 billion dollar bailout? I understand we need to "prime the pump," to get the hamster up and running again but still, that many zeroes? I've read the articles and many have said its just another scare tactic for the Bush Administration to make more dollars off the masses. Just the market play out, as they say.

Just where would this 700 billion dollars be going anyway? Do you have any idea? Will it go to our pockets or the to Wall Street? We have no say on where.

To be fair, I don't think any person here knows the exact state of our economy. If they know something, we should know it too; we're not morons.

Personally, either this is exaggerated way out of proportion, or we are in deep ****. Don't know which it is. So, I don't know which to feel, cynical or scared.

Hmm... wait, if the government would extract some of money from the overly disgusting welfare rates, which would not only force these people (who are just mooching of the government out of laziness) to get their a**** off the couch and get a job and from the salaries of high class government officials, that might be a little better in stabilizing the economy, don't you think? But, still, 7 zero, zero, zero....................to infinity and beyond?...Show more

My understanding is that the current plan is NOT the "Just give the money to the crooks who created this mess, but don't fix it in anyway" plan, but the one with accountability and oeversight.

Although I think there should be an addendum that has all the people who made piles of dough from this giving it back, and turning over all their houses to the poor, and selling off all their stuff and giving that money, and having heftly liens on all their future earnings to pay part of it back.

But, since that's not going to happen, at least we aren't simply giving them the money to pocket, leaving the mess in place....Show more