OK. I have some questions I would like to have answered before I commit on any kind of bailout.
1. What did Paulson and Bernanke tell congressional leaders on Friday that scared them so badly. This is a free country, and if we are gonna be the ones paying to solve the problem, someone had darn well better tell us what the alternative is... in frank terms. What happens -- in detail -- worst case -- if we say "no bailout"?
2. Why $700 billion? Why not $100 billion? Why not "some now, we'll see what you do with it, and then, perhaps, more later"?
3. Who gets bailed out? Greedy CEO's? Fuck 'em! Banks? Fuck 'em! Let them live with the results of their greed and malfeasance. Are we worried about credit drying up? How about corporate America doing without corporate welfare for a little while and living within their means -- just like WE are required to do? Are we gonna buy up these properties and put people out on the street? Fuck THAT! I would rather see my money used to help people refigure their mortgage payments and KEEP them in their houses, instead of having to pay DOUBLE to bail out greedy predatory lenders, and then pay for the social services that will be needed to keep people from freezing this winter.
Ah gots questions, folks. Do they gots answers?
Causes Bill Schmalfeldt Supports
Parkinson's Disease Research
National Parkinson's Foundation
The Michael J. Fox Foundation