Comments on: Dude, Where's My $700 Billion?

By: liphttam1

liphttam1 — Fri, 19 Dec 2008 11:46:02 +0000

Not even if you say sorry.

By: Victim of Banks

Victim of Banks — Thu, 18 Dec 2008 05:16:28 +0000

The banks are out only for themselves. Whether you had a foreclosure, lost a job, got laid off, got your credit cut, or had your small business shut down, we're all in the same boat. Get those crooks.

By: Nicholas Dollak

Nicholas Dollak — Thu, 18 Dec 2008 02:18:32 +0000

$15 billion for Bank of America? Those crooks raised our interest rate and the minimum payment due so we couldn't pay it, turning a $7,000 outstanding debt from business start-up costs (Which we were paying back at the rate of $1,000 a month already) into a $39,000 "debt" that cost us our credit cards, destroyed our credit ratings and crippled our business! BoA must die.

By: CheeseDuck

CheeseDuck — Wed, 17 Dec 2008 21:30:51 +0000

They should have just given each American each like $2000.

By: Rocky Rook

Rocky Rook — Wed, 17 Dec 2008 16:29:39 +0000

I think the whole thing is smoke and mirrors for the transition to the New (one) World.

By: Lew Strike

Lew Strike — Wed, 17 Dec 2008 15:39:03 +0000

Failout: Ha-ha!!!! All this depressing crap (not the comments by everyone, just the bad news) and then I read the line about wanting to throw shoes at someone! Ha-ha!!!!! Thanks for the laugh, my friend.

By: Peeves

Peeves — Wed, 17 Dec 2008 15:34:23 +0000

Meanwhile, half a million jobs cut last month, credit card interests climb and grocery costs are astronomically high. USA, Land of Fuck the Poors.

By: HollywoodBob

HollywoodBob — Wed, 17 Dec 2008 15:12:54 +0000

It would have been better for everyone if they government had given the money to the citizens to pay some of their credit/loan debt. The money would have ended up in the same places, but the citizens would have at least gained some benefit from it.

By: jackjumper

jackjumper — Wed, 17 Dec 2008 14:12:47 +0000

Given that one of the big problems is that banks were overleveraged, they probabably are still holding up money until their leverage situation improves. Adding cash does improve their leverage, but I'm think it's still got a ways to go.

And don't read Atlas Shrugs. The idea of the heroic CEO is silly. CEOs - especially of very large companies - are generally a bunch of highly competitive sociopaths who would sell their mothers for an advantage. They are generally actually selected for those characteristics.

By: Gail Pink

Gail Pink — Wed, 17 Dec 2008 13:48:08 +0000

This makes me sick.

By: failout

failout — Wed, 17 Dec 2008 13:45:03 +0000

bet it would quickly collapse the dollar if all the pretend computer money was made physical/ put into use. I want to throw my shoes at these people.

By: nick

nick — Wed, 17 Dec 2008 13:08:38 +0000

they should have just givin all us legal american residents, $100,000 each and that would have been better i think.

By: DavidG

DavidG — Wed, 17 Dec 2008 12:44:44 +0000

The bailout has actually totaled about $8.5 Trillion (and counting) so far. Do some of your own research and find out for yourself. I guess Fox and CNN must still be saying $700 Billion.

By: darlzwik

darlzwik — Wed, 17 Dec 2008 11:56:11 +0000

Quick! Read "Atlas Shrugged"

By: failout

failout — Wed, 17 Dec 2008 09:30:48 +0000

yeah.... great idea: give 700 billion dollars to white collar criminals, swindlers and high rolling con-artists. against the wishes of 90% of the public...
step 2: Expect it to not go disappear into their pockets and stay there forever.

Alchemists have better success transmuting lead into gold.