Tax payers dont want the bailout

[Chapdog]

I bet the tax payers would want it if they went to the atm and they couldn't get there money.. which is what would have happened if the money markets failed.

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President Bush petitioned Congress for the authority to spend up to $700 billion to to bail out a financial industry on the verge of collapse and said the high price tag was not only justified, but essential. Some taxpayers disagree. "NO NO NO. Not just no, but H*** NO," writes Richard, a reader from Anchorage, Alaska. "It's our money! Let these companies die," added Claudio from Plainville, Connecticut.
http://money.cnn.com/2008/09/21/news/economy/readers_on_bailout/index.htm?cnn=yes

 

[uscitizen]

I bet the tax payers would want it if they went to the atm and they couldn't get there money.. which is what would have happened if the money markets failed.

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President Bush petitioned Congress for the authority to spend up to $700 billion to to bail out a financial industry on the verge of collapse and said the high price tag was not only justified, but essential. Some taxpayers disagree. "NO NO NO. Not just no, but H*** NO," writes Richard, a reader from Anchorage, Alaska. "It's our money! Let these companies die," added Claudio from Plainville, Connecticut.
http://money.cnn.com/2008/09/21/news/economy/readers_on_bailout/index.htm?cnn=yes

Fearmongering emoconism.

Most peoples teller type depostis are insured by FDIC. None of us are saying to renig on FDIC.

Your ass is owned.

 

[Chapdog]

if money markets fail it will be indymac all over the country. Good luck getting thru the 800 hotline.. hope you have a few grand in a safe to wait it out.

 

[Cancel7]

if money markets fail it will be indymac all over the country. Good luck getting thru the 800 hotline.. hope you have a few grand in a safe to wait it out.

Money markets will be guaranteed by the govt, as long as they existed prior to 9/19/08

 

[TRGLDTE]

I bet the tax payers would want it if they went to the atm and they couldn't get there money.. which is what would have happened if the money markets failed.

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President Bush petitioned Congress for the authority to spend up to $700 billion to to bail out a financial industry on the verge of collapse and said the high price tag was not only justified, but essential. Some taxpayers disagree. "NO NO NO. Not just no, but H*** NO," writes Richard, a reader from Anchorage, Alaska. "It's our money! Let these companies die," added Claudio from Plainville, Connecticut.
http://money.cnn.com/2008/09/21/news/economy/readers_on_bailout/index.htm?cnn=yes

Yeah, it's soooo much better for the government to take money from taxpayers, and then give it back to them and act like it's a fuc'king gift! Garbage.