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9 Comments
- dlemex, on 09/23/2008, -2/+4I believe we should limit the bailout to the amount collected by the surcharge on those earning more than 500k (or millionaire couples). If more firms need to be bailed out, increase the surcharge or its duration.
Let those who benefited from this financial scandal pay for fixing it. - bjkrautk, on 09/24/2008, -1/+3...because the wealthy didn't sign mortgages they couldn't afford to pay off?
- lucy22, on 09/23/2008, -2/+4Ya, why should the average person have to pay. Let the wealthy with money to spare pay for it.
- app103, on 09/25/2008, -0/+1I said 20 years ago that the US government should set up a 900 line and charge $1.99/call so Americans can complain direct to a government official, and put the funds collected towards paying off the national debt.
And force every member of Congress and the President to spend 1 hour per day taking calls and listening to these complaints. Anybody that couldn't get through to talk to one would still be charged for the attempt and encouraged to try again later.
In just the last 8 years alone, they could have collected not only enough to erase the national debt, but enough to bail out social security, provide free health care for every American, cover the Bush banking bailout, and still have a huge surplus left over. - BIGOTHER1, on 09/23/2008, -3/+4The wealthy rule by having the non-wealthy IDENTIFY with them. Hence all those "Dallas" type television shows. Right now, that is definitely slipping; the rich are now being identified not as worthy of emulation but as culprits.
- niczar, on 09/24/2008, -1/+1Merryl Lynch, Lehman and others have paid hundred of billions of bonuses to their executives in the past few years. Sure, they must have paid some taxes on it. But how much of those bonuses did the poor get?
- niczar, on 09/24/2008, -2/+1Yeah, you go kraut, it's the fault of 'em poor coloureds who took mortgages they couldn't pay!
Nevermind the fact that 1. they were pushed those mortgages by brokers who didn't properly inform them and 2. banks' business is /supposed/ to be to evaluate lending risks.
And last thing, the subprime crisis is just one part of the current mess. The overleveraging problem, as it's called, is completely independent. - tjoiner, on 09/23/2008, -2/+1No matter what, the wealthy will pay for it. The wealthy already pay the lion's share of income taxes anyway. 35% of wage earners pay no taxes at all, so how can they be paying for it?
At least be honest about it. - tballred9873, on 09/24/2008, -2/+0Bernie Sanders "These are the last days of the Bush Administration, the most dishonest and incompetent in modern American history. It is imperative that, at this important moment, Congress stand up for the middle class and for fiscal integrity. The future of our country is at stake". It's the Bush administration last attempt at class separation and it's one that we will not recover from for many years if we let it happen.
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