View Poll Results: Should the taxpayers bailout the banks?

Voters
18. You may not vote on this poll
  • No, businesses need to be able to fail even if it is painful

    15 83.33%
  • Yes, the taxpayers should step up to prevent recession.

    0 0%
  • I have no clue and am not going to pretend like I do.

    3 16.67%
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  1. #1 Bailout? Yes or No? 
    Senior Member OwlMBA's Avatar
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    Capitalists should vote no to the bailout. Companies need to fail.

    Others argue we should inject some socialism to save the economy.
    **** Obama and **** you too.
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  2. #2  
    Senior Member LogansPapa's Avatar
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    Not only no, but fuck no.
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
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  3. #3  
    Senior Member OwlMBA's Avatar
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    Quote Originally Posted by LogansPapa View Post
    Not only no, but fuck no.
    Hey, we agree on something!
    **** Obama and **** you too.
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  4. #4  
    An Adversary of Linda #'s
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    Quote Originally Posted by OwlMBA View Post
    Hey, we agree on something!
    Watch out if it agrees with you .Something must be afoot !
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  5. #5  
    Senior Member LogansPapa's Avatar
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    Quote Originally Posted by megimoo View Post
    Watch out if it agrees with you .Something must be afoot !
    Only in your ass, megi-math-zoom-dweeb.
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
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  6. #6  
    Senior Member hampshirebrit's Avatar
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    Quote Originally Posted by OwlMBA View Post
    Capitalists should vote no to the bailout. Companies need to fail.

    Others argue we should inject some socialism to save the economy.
    I'd vote no normally, but because of the size of the companies, and their interconnectivity to the economy, if they fail, it will hurt us all if nothing is done.

    It might be that we are just looking at two alternatives, one only slightly worse than the other.

    I am not at all sure that Paulson has a clue about this, any more than I do.
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  7. #7  
    Eyelids
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    Fuck it, let em fail. I have a feeling it's going to go to shit anyways and I want to tell my kids I lived through Black Monday 2008.
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  8. #8  
    Senior Member FeebMaster's Avatar
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    Quote Originally Posted by OwlMBA View Post
    Capitalists should vote no to the bailout. Companies need to fail.

    Others argue we should inject some socialism to save the economy.
    7-0. No one wants to look like a commie.
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  9. #9  
    Eyelids
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    Even the socialist is against it..
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  10. #10  
    Senior Member MrsSmith's Avatar
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    Brilliant Alternative to Wall Street Bailout



    I'm against the $85,000,000,000 bailout of AIG.


    Instead, I'm in favor of giving $85,000,000,000 to
    America in a We Deserve It Dividend.


    To make the math simple, let's assume there are
    200,000,000 bonafide U.S. Citizens 18+.


    Our population is about 301,000,000 +/- counting every man,
    woman and child. So 200,000,000 might be a fair stab at
    adults 18 and up..


    So divide 200 million adults 18+ into $85 billion that
    equals $425,000.


    My plan is to give $425,000 to every person 18+ as a We
    Deserve It Dividend.


    Of course, it would NOT be tax free. So let's assume a
    tax rate of 30%.


    Every individual 18+ has to pay $127,500 in taxes. That
    sends $25,500,000,000 right back to Uncle Sam.


    But it means that every adult 18+ has $297,500 in their
    pocket. A husband and wife has $595,000.


    What would you do with $297,500 to $595,000 in your
    family?


    Pay off your mortgage - housing crisis solved.

    Repay college loans - what a great boost to new grads

    Put away money for college - it'll be there

    Save in a bank - create money to loan to entrepreneurs.

    Buy a new car - create jobs

    Invest in the market - capital drives growth

    Pay for your parents' medical insurance - health care
    improves

    Enable Deadbeat Dads to come clean - or else



    Remember this is for every adult U S Citizen 18+ including
    the folks who lost their jobs at Lehman Brothers and every
    other company that is cutting back. And of course, for those
    serving in our Armed Forces.


    If we're going to re-distribute wealth let's really do
    it...instead of trickling out a puny $1000 ( "vote
    buy" ) economic incentive that is being proposed by one of
    our candidates for President.


    If we're going to do an $85 billion bailout, let's bail
    out every adult U S Citizen 18+!


    As for AIG - liquidate it.


    Sell off its parts.

    Let American General go back to being American General.
    Sell off the real estate.


    Let the private sector bargain hunters cut it up and clean
    it up.


    Here's my rationale. We deserve it and AIG doesn't.


    Sure it's a crazy idea that can "never work."


    But can you imagine the Coast-To-Coast Block Party!


    How do you spell Economic Boom?


    I trust my fellow adult Americans to know how to use the
    $85 Billion

    We Deserve It Dividend more than I do the geniuses at AIG
    or in Washington DC.


    And remember, The Family plan only really costs $59.5
    Billion because $25.5 Billion is returned instantly in taxes
    to Uncle Sam.

    Ahhh...I feel so much better getting that off my chest.


    Kindest personal regards, A Creative Guy & Citizen.



    PS: Feel free to pass this along to your pals as it's
    either good for a laugh
    or a tear or a very sobering thought on how to best use $85
    Billion!!
    Same response, more money this time.
    -
    -
    -

    In actual dollars, President Obamaís $4.4 trillion in deficit spending in just three years is 37 percent higher than the previous record of $3.2 trillion (held by President George W. Bush) in deficit spending for an entire presidency. Itís no small feat to demolish an 8-year record in just 3 years.

    Under Obamaís own projections, interest payments on the debt are on course to triple from 2010 (his first budgetary year) to 2018, climbing from $196 billion to $685 billion annually.
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