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This is a hand out to the New York Banking Elite. The banks won't lend to eachother because the DON"T TRUST eachother. That's what this is all about. Put the money into all the pension and retirement accounts that went broke. We need to bail out the PEOPLE who lost their life savings...

Quote: Not funny........SAD......Real SAD.

Seriously 1much........that is VERY generous. I applaud and admire you.

This government has gotten by with this Hysteria for too many years. I can think of other examples when we were scared into believing certain things to be true when in fact it never materialized and WERE NOT true. Trying to keep us living in fear. Sheeeeesh!!!

Quote: I agree......to an extent. But if it comes down to seeing a doctor of any kind or making a house payment or being able to feed your family..........I say " Give me a Doctor.......I am sick. need some help here...... and have bills to pay". Too many people have lost their homes to...

No One should be a job away from being homeless. No one should have to HOPE they don't get sick and need healthcare. No one should be getting a government check if they can contribute something. We are ( or were ) supposed to be a SuperPower........the richest country in the world. We...

Quote: DH runs his business the same way. What startup money they have borrowed was loaned by us - the owners (we loaned half, his partner loaned half). It was money we had saved before starting a business. It's hard work, but it was all ours. We were beholden to no one. I suppose the...

And just think of all the Hedge Funds that made a fortune on this mess.

Great post Reinbeau. The truth is they will likely pass this......we lost a trillion today alone. They're just taking a couple days off til Thursday cause it's the Jewish Holidays. I figure by Thursday they will pass a bill. Although it will delay the inevitable.

We're Talking 700 BILLION divided by I think it's 200 Million people. Think you have to figure all the zero's.

Quote: True.....but if our economy fails....who will China and Russia sell to? Europe is as bad as us. They manufacture now and we consume..........what if we can no longer consume our jobs away on credit?

The so called Golden Parachute clause is a red herring. The CEO of Wamu was on the job for less than a month and gets 18 million. It's all so crooked. But, I am soooo sorry for anyone who has lost a job. And I understand their viewpoint totally. But this is like a pyramid scheme for too...

Quote: I am VERY sorry to hear that. This is where I would like to see our government put some money. To insure retirements and savings.

Quote: Some are proposing putting that money to work to give the FDIC and SIPC the funds to " stand behind " the 401k.s 403b's to insure ALL savings from retirement plans, Money Market Funds, Money Market Accts. and savings of ANY kind. Just not to bail out unscrupulous lenders and borrowers...

Quote: So far the FDIC has managed to Manage the problem by selling unscrupulous banks such as Country Wide, Wamu,Lehman, Bear Stearns and Wachovia to credible banks like BAC, JP Morgan and Citibank at NO cost to the taxpayer.

Quote: That's using your noggin'. Should we start a survival list? Like for a depression? We may not NEED it but it couldn't hurt.

I'm thinkin' wood stoves, bullets.................................and of course CHICKENS!!!!!!!!

Quote: In my opinion.........politics as usual.

Quote: Supply and demand........if people don't have jobs and money......my guess is prices will go down. The economy accross the board from housing to chicken feed has been artificially inflated over the past several years. We might be in for some rough times but I think it's necessary. I...