Bill Gross: Bailout Needs to Be $500 Billion Bigger

Reader Comments
Back to blog

Easy; it's the government who owns the printing press.

Jane Kauffman of OH 11:28AM September 26, 2008

It would seem to me that the Republican/conservative position is actually opposed to the bailout and does not think the government is either the answer to our problems but is the cause. It seems to me that the liberal position is one in which government is the answer. I am conservative (first) and Republican (second). I think you will find your conservative friends agreeing with you that socialism is not the answer.

Douglas of FL 10:14AM September 26, 2008

it's really the ba'al out. see 1st kings, verse 18. i love the irony that when capitalism, particularly the republican/consevative type, has to resort to socialism to save it's fat behind. just bend over and assume the position like good patriotic americans. it only hurts when you laugh. oh america, when will you wake up and throw the bums out. it's us, not them. we are the problem. we go on and on like everything will be ok and the government will solve all our problems. wake up!!!!!!

george neidorf of FL 1:22AM September 26, 2008

Thank God McCain is there to "take the bull by the horns" Hahahaha Hes scared to death of the debate on friday. Chicken

of 11:33PM September 25, 2008

Corporate Welfare plain and simple

of 11:30PM September 25, 2008

http://www.usnews.com/blogs/capital-commerce/2008/9/16/mccains-right-the-economy-is-fundamentally-sound.html
Are you still sticking to your 9/16 blog advocating that the economy is fundamentally sound? Why do we need such a massive bailout if the economy is fundamentally sound?
The economy certainly seems like it is sound to me... but I am a tenured public school teacher in an urban setting(job security), no mortgage (fixed living costs), no kids, and no car (no fuel costs). I don't think that many share this kind of "economic immunity." So, I don't think that the economy is "fundamentally sound" for many US Americans these days.
Cheers!

Trish of MI 11:26PM September 25, 2008

Does anyone really believe that the government will come out in the black on this? If so, they're saying the Treasury's civil servants are more saavy when it comes to markets than private sector investment professionals. After all, if this is the case of a purchaser getting fire sale assets that will be worth much more than the purchase price in the next few years, where are the Saudis and everyone else with serious money?
Count me skeptical, Jim.
http://thepeoplesbusiness.blogspot.com/

DCLawyer of DC 5:29PM September 25, 2008