I'm sure opinions on this vary widely. What do you think?
The Federal Reserve is assuring a recession if the government doesn't act on this, which isn't surprising IMO.
And we're putting all this power into the hands of one
Oh, and here is a copy of the bailout
I thought number eight was of particular interest:
Quote:
Sec. 8. Review.
Decisions ...
the sickest part is after all said and done.. the CEO clowns and the other
big board members are still going to get there millions they think they
deserve, and if they don't? well they'll resign... just a bunch of malarky!
but when i'm CEO i will expect my millions also. so..
Quote:
Originally Posted by disassemble
the sickest part is after all said and done.. the CEO clowns and the other big board members are still going to get there millions they think they deserve, and if they don't? well they'll resign... just a bunch of malarky! but when i'm CEO i will expect my millions also. so.....
Quote:
Originally Posted by disassemble
the sickest part is after all said and done.. the CEO clowns and the other big board members are still going to get there millions they think they deserve, and if they don't? well they'll resign... just a bunch of malarky! but when i'm CEO i will expect my millions also. so.....
Quote:
Originally Posted by Bruiser
I for one don't like the fact that I as a tax payer have to bail out Wall Street but feel that unless something is done the economy will surely get worst.
Well said. I think they should start holding these people accountable for their actions.
Quote:
Originally Posted by 98tacoma27
Well said. I think they should start holding these people accountable for their actions.
not going to happen, they run america. all those guys drink at the same bars together and go to the same strip clubs..
and embezzelment is more accepted then burglary which proves how...
I say yes, but only because I'm pretty sure things would get very ugly if
we didn't bail them out. That said, those CEOs knew exactly what they were
doing with all those risky business practices. They did what ever they
wanted and left us (taxpayers) with the bill knowing we'd have no choice
but to suck it up. I don't get why wallstreet gets a bailout while regular
people are still losing their ...
Quote:
Originally Posted by MillerTime
I say yes, but only because I'm pretty sure things would get very ugly if we didn't bail them out. That said, those CEOs knew exactly what they were doing with all those risky business practices. They did what ever they wanted and left us (taxpayers) with the bill knowing we'd have no choice but ...
Re: Finance Industry Government bailout? So, looks like some of these same troubled financial institutions of last year are now paying out Record Bonuses Have these same guys paid back the money we gave them and if so, why is the Federal Deficit not going down __________________
Re: Finance Industry Government bailout? Chill out guys, Obama will fix it! __________________ "Half the world is composed of idiots, the other half smart enough to take indecent advantage of them"
Re: Finance Industry Government bailout? Quote: Originally Posted by Tillers_Rule Didn't you hear, we're not in two wars because "Mission Accomplished" happened in 2003. And the recession being over is complete BS, unemployment rate went up last month, housing values dropped (again) among other things. End the FED!!! There are many people and entities responsible for this recession and economic crisis. The fed is just one...
I know not too many of you listen to country music but this is a good song that I just heard on the radio the other day. Listen closely to the lyrics. http://www.rhapsody.com/john-rich-2/...n-detroit-down
Quote: Originally Posted by MillerTime I say yes, but only because I'm pretty sure things would get very ugly if we didn't bail them out. That said, those CEOs knew exactly what they were doing with all those risky business practices. They did what ever they wanted and left us (taxpayers) with the bill knowing we'd have no choice but to suck it up. I don't get why wallstreet gets a bailout while regular people are still...
Quote: Originally Posted by ToyoNorCal I agree with you totally, there is no education in public schools and college about money management. The idea of debt is pushed on Americans everyday. From debt consolidation, to college loans its sad. My friend at school used his loan money to buy weed kinda sad. He didnt realize he was gonna have to pay it back down the line until i told him about it. I think he was spending something like 200 every 3...
Re: Finance Industry Government bailout? Quote: Originally Posted by Tillers_Rule So, looks like some of these same troubled financial institutions of last year are now paying out Record Bonuses Have these same guys paid back the money we gave them and if so, why is the Federal Deficit not going down Does it even matter anymore? We're all sheep in a lions den. __________________ 07 X-Runner
WELL WELL WELL CHECK THIS OUT!!!! THE NEW BAIL OUT PLAN FOR (Drum roll please) FUKIFORNIA!!!!! This is for all you cali LOVERS HAVE FUN PAYING OUT THE AZZ FOR THIS ONE LMAO HAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHHAHH http://www.latimes.com/business/la-f...,5726760.story
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