Do You Think Congress Should Have Passed First Bailout Proposal?

I, like many people, are really pissed that our government has to bail out these companies for making stupid decisions. Most people feel that when we make stupid mistakes and irrational errors in judgment no one, especially the banking industry, is ever willing to do anything for the people.

Banks, traditionally, only care about themselves and their bottom line. They never take people or their relative problems into consideration EVER! Most people are almost HAPPY to see them fall and are not considering the outcome of that fall.

I honestly wish that we were strong enough to turn our backs on this entire industry and thumb our noses at them, the same way that they daily thumb their noses at the people of this country. This entire industry has been dealing in USURY and almost making slavery have a comeback, with their neverending interest and banking charges! It is a situation of indentured servants if not slavery!

Yes Slavery, the banking industry keeps people in debt and makes sure that they are almost incapable of living without over extended credit. They lobbied for usury laws and got them, and then lobbied so that people could not file bankruptacy as in the past. Now it is not that I don't blame people for their credit debt, but I mostly blame the banking industry!

They bombard people with their Credit Cards and loans , and then create usury regulations that consistently keep people in debt. There was a time, and I lknow it to be a fact , that the Banking industry was limited to what they could charge for interest. If a bank went over that they could be charged and prosecuted for USURY! But not today, insterst charges are almost unlimited and once you get into their debt, it is almost impossible to get out. I used to manage a branch of Beneficial Finance and when I went into business the first time in the late 60's, I was to have been a Branch Manager of First National City Bank

In the future they will still make it more difficult to get financing when you really need it. That is the fallacy of banks in general, they will lend you everything when you don't really need it, but when you do need it, no one of them is ever willing to stand by you. They just let you fall and collapse. I say retribution is a great feeling, but still we are having to bail out these meatheads.

I have been out of work since April and Congress has yet to extend Unemployment benefits, why, because real people just don't count. Only the big guys and the "wealthy" deserve any help. I personally would love to see the whole system fail and like the 1920's have people once again understand that you can't live beyond your means and that the little guy is just as important, if not more important than the "big guy".

Yes I am angry, but I do not stand alone!

Dominick LaCavalla

What's all the hubbub about? Saving the banks/lenders/traders? (according to Treasury Sec. Poulsen, the taxpayers have to save those filthy rich traders from taking a hit for making bad loans) the truth is we haven't had money of any substance in circulation for years and every trader in every nation knows it. The value of U.S. monetary NOTES is only as much as any two parties engaged in an exchange (Federal Reserve Notes are not redeemable for anything but DEBT - NOT for anything of any valuable SUBSTANCE - only for more debt) The only parties the Bailout will actually give aid to and help be more "debt free" are the banks/lenders and traders, who probably already have more credit in the U.S. "debt system" than all of the working class of USA's citizens put together. So, why not simply divide up the $700 Billion in NEW DEBT as compensation credits for all USA citizens, who were lied to about their ARMs and have lost their investment in their private homes, while, at the same time, making the Lenders work out their bad investments by creating new mortgages that are affordable for all of those who have yet to be foreclosed on...

I am totally against this bailout in any form.  We are throwing good money after bad.  The banks and large companies need to go back to the ways of old.  Think about their customers instead of the bottom line.....how rich their CEO's and shareholders can get.  Think about the good of all not just a few.  Stop trying to make all the money they can before THEY retire.  I don't believe the USA will go under, maybe we will learn that money is not the end all of our existence.  We need to get back to basics, not who has the biggest house, the most expensive car and whose children go to the best schools. 

I am getting really tired of helping every poor person in America. I have helped so many people thru government give away programs that I am rapidly becoming poor myself!!!