Bailout being rejected, thoughts?

iVillage Member
Registered: 04-29-2003
Bailout being rejected, thoughts?
164
Mon, 09-29-2008 - 3:35pm

Hi –


 


The bailout being rejected is not a good thing, it affects EVERYONE.  Banks have no money, we have no money (generally speaking).


 


I was speaking with a co-worker that said the Democrats insisted the Parachute Clause be put into the plan otherwise they’d vote against it (keeping Exec’s from these millions of dollars) so that is why the Republican’s majority anyhow rejected it.  They are so greedy and now they have cut their nose to spite their face.


 


Thoughts everyone?


 


SP


Avatar Image"The Small Peanut"


How many pounds of peanuts are consumed in the United States each year?

2.4 billion pounds! About 50% is consumed as peanut butter.


4a696320.gif picture by rwctlc1107
Avatar Image"The Small Peanu

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iVillage Member
Registered: 01-23-2008
Mon, 09-29-2008 - 5:57pm
Maybe people shouldn't buy things they can't afford.
iVillage Member
Registered: 04-29-2003
Mon, 09-29-2008 - 5:59pm

So, am I to surmize that what you find attractive is that if your neighbor will get financing for his company he won't have his home foreclosed on as well as other in start ups?

Avatar Image"The Small Peanu
iVillage Member
Registered: 04-29-2003
Mon, 09-29-2008 - 5:59pm
Thank you and yes I was confused.
Avatar Image"The Small Peanu
iVillage Member
Registered: 04-29-2003
Mon, 09-29-2008 - 6:01pm

I agree but it is what it is right?


Avatar Image"The Small Peanut"


How many pounds of peanuts are consumed in the United States each year?

2.4 billion pounds! About 50% is consumed as peanut butter.


4a696320.gif picture by rwctlc1107
Avatar Image"The Small Peanu
iVillage Member
Registered: 07-15-2008
Mon, 09-29-2008 - 6:11pm

You were NOT confused.

iVillage Member
Registered: 04-29-2003
Mon, 09-29-2008 - 6:13pm

Thanks. So technically, the Republican party made the final decision i.e. not to pass the bill? *sigh*


Avatar Image"The Small Peanut"


How many pounds of peanuts are consumed in the United States each year?

2.4 billion pounds! About 50% is consumed as peanut butter.


4a696320.gif picture by rwctlc1107
Avatar Image"The Small Peanu
iVillage Member
Registered: 08-31-2003
Mon, 09-29-2008 - 6:14pm
If you, or anyone else understands; how does letting the banks deal with their problems without a bail out compare to allowing the 700+ banks go under in the S&L crisis back in the 80's?
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iVillage Member
Registered: 08-31-2003
Mon, 09-29-2008 - 6:16pm
How's that?
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iVillage Member
Registered: 04-29-2003
Mon, 09-29-2008 - 6:19pm

I’m going to make a guess/theory so please anyone feel free to correct me if I’m wrong.

Avatar Image"The Small Peanu
iVillage Member
Registered: 04-29-2003
Mon, 09-29-2008 - 6:28pm

It’s unfortunate regardless of what party you belong too.

Avatar Image"The Small Peanu

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