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Old 09-30-2008   #3
Matt D.
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Re: I just want to take a quick poll...

Quote:
Originally Posted by tpunx99GSX View Post
Sure they dont deserve it, But if we do nothing we run the risk of having a stock market crash (you seen what happened. after the bailout failed). Granted the stock market droping 777 points was mostly in part of fear. But without this bailout it will be near impossible for small businesses to get loans, students to get loans, Possibility of peoples credit card limits to be lowered, etc. This affects everyone, and if you choose to believe the youtube propaganda that the economy isnt going to be affected if we do nothing then you have some reading to do. This really is something i would like to be wrong on, I would love to think everything is peachy keen and everything will be fine if we do nothing, but that just will not be the case.
Obama pushed for more regulation, making the bill not help pay CEO salaries, and taxpayer protections. McCain is for Deregulation and offered no additional input on this bailout. And then tried to take credit for Obama's additions.
You are letting your emotions affect your judgement on this one by saying "Well they got us into this so lets shoot down anything that has dem backing" instead of thinking logically on what is best for this country.
Youtube propaganda? Yeah, okay. How about some more Youtube videos of Ron Paul? http://www.connietalk.com/ron_paul_o...my_092908.html

Quote:
President George W. Bush gave another address to the nation today, and hopped it up with stark warnings about Congress' failure to pass a bank bailout package. Bush said that the nation is "facing a choice between action and the real prospect of economic hardship for millions of Americans." What is he, behind?

Pres. Bush warned that "this is not the end of the legislative process," and that he still expects a measure to be reached.

And since the legislation lost by only 12 votes, we highly encourage you to pick up the phone just once and have your voice heard!

GWB threatened that "the consequences will grow worse each day if we do not act," and that the "economic damage will be painful and lasting."

Even more ominous, Bush stated that "It matters little what path a bill takes to become law. What matters is that we get a law. We're at a critical moment for our economy."

It matters little how a bill becomes a law? What do they waste all that time on the legislative process in history classes for then? Keep your eyes peeled, though, because this could very well be the case.

As Congressman Ron Paul mentioned after Congress voted: the Fed just pumped over $600 billion of credit into the market this week without any Congressional approval. So they have the vehicle and the administration will attempt to get this bailout passed without the people's - and likely even Congress' - approval.


Government got us in this mess, it's their job to get us out of it. Throwing more money at the problem is not the solution. Since when do you pay off debt with more debt? Do you take out a loan to pay off a loan? Tom, I know you aren't the brightest bulb on the tree but even you aren't that dumb.
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Last edited by Matt D.; 09-30-2008 at 10:54 PM..
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