A Bailout Deal Gets Done

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It's a bail out, helloooooo! Do it now and start fixing it immediately afterward. There is no time now for lolligagging. We are going to have a major worldwide crisis on our hands if something isn't done now. Legislation can always be amended, where are the brains in these people? How about making the corporations pay back the taxpayers by renegotiating mortgages and reducing their debts over time after stabalization, and in the meantime implementing stricter oversight? The problem is too complex to try to solve it immediately. It's just that something needs to be done NOW!

twostandingwomen of WI 1:46PM September 26, 2008

now there are reports of it falling apart due to backlash by the GOP. classic.
i am glad that the GOP is still hanging onto the deregulation principles in the face of a complete disaster. at this point it seems like we should just let it go and see if we can't finally get to the bottom of it as opposed to skimming along barely keeping our heads above water for an extended period of time.
can't wait to hear McCain's solution to the problem now that he has to go on with the debate. i am sure he'll refute the idea that he supported the policies that got us here in the first place.

jeremy of TX 11:38AM September 26, 2008

So if we use taxpayer money to buy the bad debt (assets) of corporations, do these same corporations get to take a future loss on their corporate taxes? Isn't this a double taxpayer bailout?

Matthew of CA 9:28PM September 25, 2008

Republicans had better be on this to the tune of about 80% of them. Democrats have no business passing this in any form if most of the Republicans balk and skate off singing the old crap about free markets and deregulation.

of 4:07PM September 25, 2008