MORE Bailouts on the horizon?

iVillage Member
Registered: 10-15-2008
MORE Bailouts on the horizon?
18
Tue, 01-13-2009 - 10:49am

Jeez.....this is starting to get way out of hand. According to the Fed....we may be paying out a lot more to sure up the financial sector. Part of me says that if a business is set to fail...then perhaps it should. And the other part of me says....gosh..a lot more people will be out of work. Times are tough....that's for sure.


http://www.marketwatch.com/news/story/no-recovery-without-more-bank/story.aspx?guid=%7B887B399E-613E-4CA0-A8ED-6B1ABA78738C%7D&dist=google

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iVillage Member
Registered: 04-09-2007
Tue, 01-13-2009 - 12:43pm

I'm not against these investments in the banks, per se.

iVillage Member
Registered: 03-19-2003
Tue, 01-13-2009 - 12:49pm

Now the porn industry wants a bailout because their profits are decreasing due to the economy.......When is this going to stop?????


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iVillage Member
Registered: 03-19-2003
Tue, 01-13-2009 - 12:53pm
I was watching 60 minutes and they said that many of the financial institutions are not just in trouble because of the mortgage crisis......but many also invested heavily in oil futures and are now suffering because of the drop in oil prices.
iVillage Member
Registered: 09-08-2006
Tue, 01-13-2009 - 1:10pm

Just wanted to share this piece by Bernie Sanders and thought it was worth posting.

 

iVillage Member
Registered: 04-09-2007
Tue, 01-13-2009 - 1:10pm
Sorry, they're on their own.
iVillage Member
Registered: 08-26-2007
Tue, 01-13-2009 - 1:20pm

GEEEEEEZ when does it stop with the upper middle class.

iVillage Member
Registered: 08-25-2008
Tue, 01-13-2009 - 1:45pm

Bernie never met a tax, or a government program he didn't like!


Better still - DON'T BAIL THEM OUT.


Let unproductive businesses fail.

iVillage Member
Registered: 09-08-2006
Tue, 01-13-2009 - 3:09pm

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iVillage Member
Registered: 09-08-2006
Tue, 01-13-2009 - 3:11pm
Unfortunately it was the entire banking system that got hit.

 

iVillage Member
Registered: 08-25-2008
Tue, 01-13-2009 - 3:41pm

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