How Barack Obama's Bailout May Differ From Henry Paulson's

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Obama has to bailout the banks, and send more troops to war, when can we bring our boys back and put the budget to better use, here’s an article with the latest
http://ketiva.com/Politics_and_Government/whats_with_the_bailout_obama1.html">http

billy37 of LA 4:52PM December 09, 2009

I don't see why these CEOS are still at their desks when most other workers would have been fired for even less, and they didn't WREAK economic havoc affecting millions of people. My god, are these dealmakers even thinking?
Moreover, whoever invented CREDIT DEFAULT SWAPS should be made to pay back all of the ill-begotten funds made out of anything that had to do with this unregulated show market.

Incredulous of CT 6:08PM January 27, 2009

THIS AMOUNT OF CASH NEEDS TREMENDOUS OVERSIGHT. I WOULD CREATE AN AGENCY JUST TO OVERSEE IT. IT NEEDS A PAPER TRAIL AND THERE MUST BE JUSTIFICATION FOR EACH DOLLAR SPENT.
HOW DO YOU KEEP THE DISHONEST CROOKS FROM USING THIS MONEY TO COVER THEIR TRACKS OR BRIBE THEIR WAY OUT OF A BAD SITUATION.
350,000,000,000 = 350 BILLION

JIM of NC 11:51AM January 27, 2009

The senate before any more loans or bailouts should make sure no money goes to ANY bouns for any CEO or Excutive for doing a job they did not do on their salary,if they did the money they should not NEED

Goorsky of IL 8:52AM January 26, 2009

I think haveing all thous CEOs who did such aGREAT job give back all those bonus back to the companies for the last * years and be happy they still have a job.

Garry Goorsky of IL 8:27AM January 26, 2009

Noone is going to pay anyone anything because the whole sticking fiat money system is going to fail. It is designed to fail. It's what the people of the world do with their own sovereignty to rebuild a system that works for us and not the super greedy rich that matters. Don't let the money master's rail road us into doing anything they want because whatever they come up with will be for them alone. The Federal Reserve are a bunch of crooks, a private bank headed by the Rothschild's who operate out of the City of London, they represent the 13 richest family's of the world, these crooks have 96% of the world's money and that's not enough for them, they want the power to rule the world as the kings of old did. The ordinary people of the world will defeat them by using love and consciousness and they can't stop that happening, they are running scarred. Ignore the fear mongers, turn of the television go within yourself and ask your sub-conscious is this right, you will get your answer. Love and peace to you all.

Venus 8:32AM January 19, 2009

http://appropriations.house.gov/pdf/RecoveryBill01-15-09.pdf
This draft bill, delivered to the House on 16 January 2009, sets aside 54 billion for energy infrastructure stimulus/improvements along with approximately 800 billion further spending in other areas. 32 billion of the 54 billion is for improving energy transmission and distribution. However...wouldn't it be better spent preparing for the Solar Super Storm coming in 2011 or 2012. To heck with "helping the nation to embrace green energy"...we just about have time to try and "harden" our nation's electricity transmission and distribution systems before being hit by this solar super storm maximum of epic proportions...some scientists believe it will exceed the solar super storm of 1859 that melted telegraph wires and presented Northern Lights clear down to Havana Cuba. See the website
http://science.nasa.gov/headlines/y2003/23oct_superstorm.htm
Minor solar storms in the past twenty-five years have knocked out Canada's power grid completely for a day and caused $100's of billions in damage to things like GPS and communications satellites. We won't need the Internet if all our electronics are fried to a crisp! Coming our way 2011 or 2012. At least you'll have your government-funded converter boxes until then, and digital TV......at least for the next 18 to 36 months....enjoy.

K. Daraa of OR 6:48PM January 18, 2009

I think the toxic assets on the banks were brought down by the people that were running them.Specifically upper management. I think that self-accountability of these individuals on running an institution should be questioned. Its either a replacement or no bailout.
We cant afford a financial crisis every 4 years. Its too much for the public to take.

Al Pelaez of CA 6:05AM January 18, 2009

Hope the bailout money goes to the appropriate sectors and sections of the financial industry where it is really needed. I personally think at present that there have been minor and major losses on the bailout when it first started since it was broken up to too many chunks and there were to many advisers and decision makers.
Give the responsibility of the bailout program to one person.Being decisive and accurate and making a forthright and decisive decision helps without regrets.

Al Pelaez of CA 5:59AM January 18, 2009

I think President Elect Obama offers us a hope with a promise to bust his butt (and anyone else’s) to insure outcomes that promote responsible home ownership. (You know home ownership like “us little guys who are busting our butt while working AND making responsible decisions ”)! I am a home owner, in New Hampshire, who has a home for sale and is offering it for significantly less than its pre-market crash value. This is in an attempt to meet the demands of this “nothing is moving” market. My neat as a pin, two car garage, home is still not selling! Oh, and I’m one of the guys who has my credit ratings in the high 700’s bracket. This rating is still standing even with the loss of income from my spouse (lay off) and a decrease in my income (small private business owner)! I say how about including us “responsible guys/gals” in the bail out by giving folks a tax credit based on their credit ratings?

ET Bernier of NH 11:22AM January 17, 2009