Quote:
Originally Posted by danrman
you are an idiot and i cant wait till this hits main street.. do you understand that if the credit markets freeze people will be layed off from their jobs.. it effects everyone... you sound like a far-left idiot w/ no biz sense at all.. just wait,,just wait... and by the way, ITS NOT A BAILOUT... quit sucking the main stream new's dick dumb ass...
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I'm not far left by any standard, do you think not wanting the taxpayers purchasing all the trash assets of companies in this country for ridiculously overpriced amounts is far left, what a fukin idiot.
Truth is this will do lil if anything to stem the economic crisis we are in, in fact as we print another trillion worthless dollars inflation will increase and John Q taxpayer will be sunk further in the shitter. You're under the impression that not wanting to nationalize corporate America is far-left, get a fukin clue, that's capitalism, if you fuk your business to complete hell it fukin tanks that's not the taxpayers fault why should we have to pay to keep every bank on life support, we don't need to bailout every single bank in this country to save the economy, thin the herd, let the banks who have sunk their companies fall. No one is bailing out Joe Shmo investor who lost his life savings in Bear Stearns, AIG, etc., why the fuk should we bailout these corporations, maybe they should've made wise investments, maybe they shouldn't have paid their execs a billion a year, either way it's not my problem.
Also, I have no problem with buying their trash assets at market value to give them liquidity but buying them far above market value is just corporate welfare at the cost to the US taxpayer. Why should the US taxpayer pay for corporations mistakes, what's the point, if they just make more shit investments and need another 5 trillion do we just keep printing out money and overpaying for their trash assets and initiate hyperinflation with worthless money, is that really what you think is going to turn the economy around? I say freeze the fukin markets fuk it, they've been robbing investors for years, let those huge corporations fail see if I give a shit, they could care less when I lose money investing in em or lose my job, they just tell me I can't pay my bills so they come take my house and send me to the homeless shelter, they don't believe in welfare why should we. Let those fukin dumbass Wall St. corporations that have run themselves into the ground fail, BURN MOTHERFUKER BURNNNNN