5 Bailout Absurdities

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MR Obama and the Obamanites (Pelosi/Reid) have already bent as far left as they can so far. Any of these HUGE organiztions including Washington, the Unions, the Banks, Wallstreet, the Automakers are bleeding the American public DRY. I fully well agree that NO ONE is worth the ridiculas amounts of money that CEOs, sports figures, ACTORS all make but "We the public"still pay to go see these events even though they're over-priced over-paid AND until the recent BofA ousting, have not exercised OUR rights as stock holders to DEAL with fools running OUR companies.

Stop going to games AND stop going to movies and watch those ridiculas salaries fall back in line with reality.

STOP buying products from Companies that you know are behaving irresponsibly. Maybe "Holywood" won't have so much time to meddle in politics if they actually have to live like "real people" on a budget.

GWB had an "agenda" as well, 911 changed all that and 911 became his "agenda". They're now trying to prosecute his staff for doing theie job. Katrina and Ike added to the mix while the Dems were complaining he didn't spend enough on education, etc.

Obama/Pelosi/Reid have failed to realize that the Economy is "their" 911. Obama continues on his merry "agenda" way even though the Economy is stil spiraling downward due in part to the Administration's foolhardy "spending-spree".

I vote NO CONFIDENCE as does EVERY American who refuses to spend or borrow (even if we could)!!

Chris Petty of GA 10:12AM May 02, 2009

Thanks for expressing the view of the majority of Americans on the bailout absurdities. With all its flaws the risk-reward model of capitalism is the best system yet. Obama was chosen because he represented a common sense alternative to the extremes of the right. Hopefully he will not bend to the extremes of the left and we can get on with our lives with hard work and the pursuit of happiness.

Ed H of NY 9:53AM April 16, 2009

Thanks, Bill Couture, below. You are one of the few voices that seems to be seeing the forest--instead of just staring at a few view-blocking trees.

We need to take both our taxes and our union participation back to the 50's---a time when prosperity was blooming in America.

Muser of NM 11:42AM April 15, 2009

The problem nobody in business or sport is worth multimillions. We've left the star system mess up the pay system. What we need is higher top end taxes, and end to the social security cap, and stronger unions.

Bill Couture of CA 11:45PM April 14, 2009

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

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