Quote:
Originally Posted by Bucco
The more I read and hear the more I think I either agree with the House Republicans or think no bail out at all.
How does everyone else feel on whether there should be a bail out ?
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NO NO NO NO
I don't trust the same people who got us into this to get us out. Furthermore, I doubt the Congress/Senate intervention in private markets in this way is even Constitutional -- if that even still matters in this Country.
If these folks (i.e., Barney Frank, Christopher Dodd, Schumer, Reid, Pelosi) were serious at all, then why would 20% be in their proposal for ACORN, Leraza (sp?), and a couple of other groups be getting a piece of the pie? ACORN is currently under indictment yet again.
So again I say NO to bailout. Let the markets work their way out and the ones who should fall, let them fall. Capitalism works if the government would just let it alone. Fannie and Freddie is the best example of how when the government gets into the mix, all goes to hell. Let them go fix social security, medicare and other debacles they have already created and grown into monsters.
P.S. What was Bush thinking picking Paulson (a Democrat, environmental whacko)? I'm done with him too. Disgusted.