Comments on: Stop the Mother of All Bailouts and Think! http://themoderatevoice.com/22839/stop-the-mother-of-all-bailout-and-think/ An Internet hub with domestic and international news, analysis, original reporting, and popular features from the left, center, indies, centrists, moderates, and right Mon, 28 May 2012 20:15:23 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Half_Past_Midnight http://themoderatevoice.com/22839/stop-the-mother-of-all-bailout-and-think/comment-page-1/#comment-153497 Half_Past_Midnight Mon, 22 Sep 2008 07:33:04 +0000 http://themoderatevoice.com/at-tmv/newsweek-blogitics/22839/stop-the-mother-of-all-bailout-and-think/#comment-153497 One other thing to be concerned about is the Global Poverty Act, written by Obama that stipulates that the American taxpayer will be footing the bill for a $845 billion dollar give-away to other countries. Sound familiar...? One other thing to be concerned about is the Global Poverty Act, written by Obama that stipulates that the American taxpayer will be footing the bill for a $845 billion dollar give-away to other countries. Sound familiar…?

]]> By: Silhouette http://themoderatevoice.com/22839/stop-the-mother-of-all-bailout-and-think/comment-page-1/#comment-153464 Silhouette Mon, 22 Sep 2008 03:09:17 +0000 http://themoderatevoice.com/at-tmv/newsweek-blogitics/22839/stop-the-mother-of-all-bailout-and-think/#comment-153464 Agreed. We have one shot to save our very country. If we don't shore up the middle class and working poor F-I-R-S-T we will have no consumers to make any immoral wallstreet tycoon rich anymore.<br><br>The working stiff provides the base for THE ENTIRE ECONOMY. You let them drown even further in debt and you'll slit your own throats fatcats..<br><br>The solution is to turn that entire package of financial relief into one that assits mortgage payments and shores up housing values, frees up monthly income for consuming and stimulates the economy on these two vital issues. Banks would regain their assets as housing prices stabilize from retained ownership. And the wealth would percolate from the bottom upwards.<br><br>True, the tycoons would have to sweat it out for awhile, maybe have to shop at Costco for awhile to get by like the rest of us do..but our economy will return much more quickly if we do this.<br><br>Solution<br>1. Trickle UP economics<br><br>2. Legislation barring outsourcing of american jobs (you know, so those "terrible risk" lendees can actually provide society with their income in the form of mortgage payments and payroll taxes! It's not like they don't want to for crying out loud..)<br><br>3. Retention of US wealth by rapid cessation of money bleeding out to purchase foreign oil. <br><br>4. Withdraw from Iraq and begin the painstaking process of rebuilding our world reputation out of the toilet it's in now.<br><br>5. Stimulate new jobs by investing MASSIVELY and QUICKLY in alternative energy for passenger cars and light industry, retaining the use of fossil fuels for plastics, diesel for heavier machines and trucks and ag use. Become world leaders in manufacture of alternative-fueled passenger cars. <br><br>6. Focus on producing food, the new gold to sell on world markets, until our industry recovers itself to augment.<br><br>7. Health care universal in exchange for lowering the minimum wage. This will stimulate business, which will no longer have to pay as much, and the worker will return home with a net gain in monthly revenue retention since premiums will no longer be an issue.<br><br>*****<br><br>In short, give the workers a roof over their head and good health without worry and see how damned patriotic and productive we'll be. Whip a dead horse even harder with that godforsaken Wallstreet Bailout plan and you'll be up to your eyebrows with the stench of economic death.. Agreed. We have one shot to save our very country. If we don't shore up the middle class and working poor F-I-R-S-T we will have no consumers to make any immoral wallstreet tycoon rich anymore.

The working stiff provides the base for THE ENTIRE ECONOMY. You let them drown even further in debt and you'll slit your own throats fatcats..

The solution is to turn that entire package of financial relief into one that assits mortgage payments and shores up housing values, frees up monthly income for consuming and stimulates the economy on these two vital issues. Banks would regain their assets as housing prices stabilize from retained ownership. And the wealth would percolate from the bottom upwards.

True, the tycoons would have to sweat it out for awhile, maybe have to shop at Costco for awhile to get by like the rest of us do..but our economy will return much more quickly if we do this.

Solution
1. Trickle UP economics

2. Legislation barring outsourcing of american jobs (you know, so those “terrible risk” lendees can actually provide society with their income in the form of mortgage payments and payroll taxes! It's not like they don't want to for crying out loud..)

3. Retention of US wealth by rapid cessation of money bleeding out to purchase foreign oil.

4. Withdraw from Iraq and begin the painstaking process of rebuilding our world reputation out of the toilet it's in now.

5. Stimulate new jobs by investing MASSIVELY and QUICKLY in alternative energy for passenger cars and light industry, retaining the use of fossil fuels for plastics, diesel for heavier machines and trucks and ag use. Become world leaders in manufacture of alternative-fueled passenger cars.

6. Focus on producing food, the new gold to sell on world markets, until our industry recovers itself to augment.

7. Health care universal in exchange for lowering the minimum wage. This will stimulate business, which will no longer have to pay as much, and the worker will return home with a net gain in monthly revenue retention since premiums will no longer be an issue.

*****

In short, give the workers a roof over their head and good health without worry and see how damned patriotic and productive we'll be. Whip a dead horse even harder with that godforsaken Wallstreet Bailout plan and you'll be up to your eyebrows with the stench of economic death..

]]> By: donthelibertariandemocrat http://themoderatevoice.com/22839/stop-the-mother-of-all-bailout-and-think/comment-page-1/#comment-153435 donthelibertariandemocrat Sun, 21 Sep 2008 23:41:44 +0000 http://themoderatevoice.com/at-tmv/newsweek-blogitics/22839/stop-the-mother-of-all-bailout-and-think/#comment-153435 I say kill this awful plan. However, at the very least, let's slow it down. I've been blogging all weekend. I've never seen such agreement between liberals and libertarians, for example. If blogging does any good, given what I've been reading on this site, Kos, Huffington, Reason, Cato, and my own little blog, we might be able to slow this train down. It would be nice to see some democracy in action to counter this power grab by people who have earned our distrust. I say kill this awful plan. However, at the very least, let's slow it down. I've been blogging all weekend. I've never seen such agreement between liberals and libertarians, for example. If blogging does any good, given what I've been reading on this site, Kos, Huffington, Reason, Cato, and my own little blog, we might be able to slow this train down. It would be nice to see some democracy in action to counter this power grab by people who have earned our distrust.

]]> By: Kathryn http://themoderatevoice.com/22839/stop-the-mother-of-all-bailout-and-think/comment-page-1/#comment-153432 Kathryn Sun, 21 Sep 2008 23:20:09 +0000 http://themoderatevoice.com/at-tmv/newsweek-blogitics/22839/stop-the-mother-of-all-bailout-and-think/#comment-153432 OK Superdestroyer and DLC, a Republican administration has just killed off the free market in finance. It has made null and void the statement "Government isn't the solution to the problem, government is the problem." Please tell us why they should have a blank check. Look, I am actually OK with keeping this focused on the banks, I have some real mixed feelings on relief for people who bought homes that they knew they couldn't afford and then mailed in their keys. However, I am not OK with the idea of the people responsible for this mess walking away with billions while taxpayers are on the hook. You want a bailout? Transparency and no rewards for screwing up. It's been awhile since I had Econ 101 but as I recall, those were the things that make markets self-regulate. OK Superdestroyer and DLC, a Republican administration has just killed off the free market in finance. It has made null and void the statement “Government isn't the solution to the problem, government is the problem.” Please tell us why they should have a blank check. Look, I am actually OK with keeping this focused on the banks, I have some real mixed feelings on relief for people who bought homes that they knew they couldn't afford and then mailed in their keys. However, I am not OK with the idea of the people responsible for this mess walking away with billions while taxpayers are on the hook. You want a bailout? Transparency and no rewards for screwing up. It's been awhile since I had Econ 101 but as I recall, those were the things that make markets self-regulate.

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