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Bailout Vote

We asked what you thought of the results of the bailout vote.


I'm happy to see a delay in the bailout. A bailout is a band-aid and will only benefit those who got us into this mess.  --  Philip, San Diego

 

Do not spend the taxpayers money to BUY out the greedy Wall Street money men like Goldman-Sachs CEO, with ex-Goldman-Sachs CEO in charge of giving out the money, which looks like a GIANT conflict of interest. Use that money to LEND - with interest due from the recipients - money to those people and firms.  --  ***, Serra Mesa

 

I probably do not know what I am talking about but why pour money into companies which mismanaged money and made bad decisions to get into the position they are currently in.I look at it as with the market going down I can count on oil prices to stay down. Which helps me and most Americans the most. Let the CEO's of these companies put their own money into the bail out.  --  Michael, Del Cerro

 

I think it is rediculous that politicians in congress would rather hold out on a resolution, causing further stress on the fragile market only because they would rather give their careers priority over the benefits of we the people. In the end the resolution will pass anyway, but they will get to brag about how they faught hard to avoid it....all transparent.....  --  Roberto, Normal Heights

 

With the $700 Billion dollar bailout they could buy everyone over 18+ a $500.000 house. With the war everyone healthcare.  --  Peter, San Diego

 

Someone sent this to me and I thought it was interesting. Is there anyway to find out if the numbers are even nearly true? That would be a good story! Subject: Tell me why this won't work? I'm against the $85 BILLION bailout of AIG. Instead, I'm in favor of giving $85,000,000,000 to America in a 'We Deserve It' dividend. Hang with me here... To make the math simple, let's assume there are 200,000,000 bona fide U.S. citizens, aged 18+. Our population is about 301 million counting every man, woman , and child. So, 200,000,000 might be a fair stab at adults 18 and up. Now, divide 200 million, 18+ adults into $85 billion - that equals $425,000.00 each! Yes, my plan is to give that $425,000 to every adult as a 'We Deserve It' dividend. Of course, it would NOT be tax free. So, let's assume a tax rate of 30%. Everyone would pay $127,500.00 in taxes. That sends $25.5 billion right back to Uncle Sam! It also means that every adult 18+ has $297,500.00 in their pocket. A husband and wife would have $595,000.00! What would you do with $297,500.00 to $595,000.00? · Pay off your mortgage - housing crisis solved · Repay college loans - what a great boost to new grads · Put away money for college - it'll really be there · Save in a bank - create money to loan to entrepreneurs · Buy a new car - create jobs · Invest in the market - capital drives growth · Pay for your parent's medical insurance - health care improves · Enable Deadbeat Parents to come clean - or else Remember this is for every adult U.S. citizen, 18 and older (including the folks who lost their jobs at Lehmann Brothers and AIG American employees and every other company that is cutting back) and of course, for those serving in our Armed Forces. If we're going to do an $85 billion bailout, let's bail out every adult U.S. citizen!! As for AIG - liquidate it. · Sell off its parts. · Let American General go back to being American General. · Sell off the real estate. · Let the private sector bargain hunters cut it up and clean it up. We deserve the money and AIG doesn't. Sure it's a crazy idea, but can you imagine the coast-to-coast block party?! How do you spell Economic Boom? W-e D-e-s-e-r-v-e I-t d-i-v-i-d-e-n-d! I trust my fellow adult Americans to know how to use the $85 Billion 'We Deserve It' dividend more than I do the geniuses at AIG or in Washington, D.C.. And remember, The plan only really costs $59.5 billion because $25.5 billion is returned instantly in taxes to Uncle Sam. Do you think maybe crime in America might decline alittle? Hopefully we could keep the entrapanuership in tact and thriving.  --  Mike, San Diego

 

 

Published Tuesday, September 30, 2008 12:47 AM by Mark Bunker

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