How the Bailouts Could Have Gone Better

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This is the problem with a financial crisis; folks who cannot balance their own checkbooks offer a viewpoint and really think that it is the truth. Influenced by the commercially driven propaganda of talking heads cable news, they actually believe they understand the US economy.
While they have trouble comprehending the documents of their home loan, they criticize professional opinions and results of solid research and years of financial education, just because it does not fit their political viewpoints.
And worst of all, they do not learn from history, just as the last paragraph of this article correctly states.

Hank of TX 9:56AM May 09, 2010

But banks and capitalists in their heart, love it. The populace will save them through their mismanagement and greed gone wrong. Because the result, stability, is good for the common good.
The reality we have been made to believe is wrong. Until each individual awakens, it will not change and fear will be used with any social or economic issue we face in the future.

L. Vigia of CT 11:26AM December 20, 2009

Mr. Thomas, I recommend using spell check prior to submitting an opinion piece if you intend on being taken seriously.

Kyle of CO 2:35PM December 02, 2009

The bailouts where a way for the big banks and big buisiness to get a huge chunk of wealth out of the American people before we dive into poverty. We where robbed. Plain and simple. What are you gonna do about it? Give them more money? what do you think is gonna happen to our economy when we have an actor as a President?
We are at a fork in the road, either we get back to our original princibles as a nation in the way we conduct our foriegn and domestic policies. Or we continue down this road of Corporatism. Havent you noticed the "them" lately of todays headlines..."Nations Rise and Fall". "9 signs America is crumbling". "America is Over".....
Sounds like treasonous propaganda to me.

Adam of WA 9:43AM November 01, 2009

The bailouts where a way for the big banks and big buisiness to get a huge chunk of wealth out of the American people before we dive into poverty.

of 9:43AM November 01, 2009

They should have given it to the tax payers we would have jump strarted the econamie faster and better.We need to take hold of our gas companys they are under mining the econimie big time with price gouging.

Thomas of TX 9:53PM October 23, 2009

The last few comments that I have read are so off the wall it's annoying. All of
them were just talking in circles, about stuff that the average American can ei-
ther understand or want to hear. I believe that the true solution to these prob-
lems is to provide more aide to those who are struggling instead of a lot of talk
and false promises.
Distribute more of that stimulus money we keep hearing about and then we'd see some change. And stop blaming Obama for everything and start putting the
blame on who's really responsible: these greedy white-collar criminals!

Nostalgic of NY 9:51PM October 09, 2009

So, what is the problem here. Now that EVERYONE knows Goldman Sachs was enriched by its boy Paulson and pals, arrest Paulson, investigate Goldman Sachs Board and executives and make links to their Government lackies and financial co-horts.
The BIG GOAL is to just take these BILLIONS away from Goldman Sachs and put, well up to 125 people at least, in prison for a very long time.
The Goldman Sachs people, could probably be tried for treason.

luna greif of MI 9:45PM October 02, 2009

and they wil have money to pay morgage of the house and money to spend,anyway tax money belongs to the taxpayers and that will solve the problem until things guet better.

Santy Rey 6:03PM September 30, 2009

I am not an Economist,but I think that the bailouts went to the wrong people or wrong segment of the Economy. If the Banks have the money but the working people don't, because they are losing their jobs, homes and ruin their credit, then they do not qualify to get a loan from the Banks. The Money should go to the basis of our Economy stimulating the growth by creating new sources of jobs but this time well paid jobs. If I make a little bit more money I am going to spend more ( Buy clothes, car, etc.) How the Masterminds of the Economy want to recover from this mess if they continuing putting the money on the wrong hands? If the rich people were the basis of any Economy then we did not have this financial crisis because I am pretty sure that United States have the record of the richest people in the world. Where is the money? in the wrong hands.
Keep voting for corrupts representatives and we will continue this way for ever. We need to be more educated because a Country with education it's a Country that's going to demand a real representation form the elected people. Forget about if Britney Spears or if Many Ramirez, or if Madonna they not going to solve our problems we need a BETTER AND ACCESSIBLE, EDUCATION. Nobody realizes why in the first Economy in the in the world the superior education is not accessible?. Of course not, it is designed only for the rich people. For the poor or working people kids the only solution is going to the War by going to the Army (Be all you can be? ) This is a very well designed system that keep the rich richest and the poor poorer.
IS TIME TO CHANGE, IF WE DO NOT LEARN FROM THIS HISTORICAL MOMENT WE ARE GOING TO BE CONDEMNED TO SUFFER FOR EVER END EVER.
I am sorry for any grammatical mistakes, but English is not my first language.

H. Herman of CA 3:52PM September 12, 2009