Comments on: All In On Bailout? http://tisglorious.today.com/2008/11/25/all-in-on-bailout/ An investment in knowledge still yields the best returns. - Benjamin Franklin Thu, 31 Dec 2009 03:35:07 +0000 http://www.today.com/version-2.3.1 By: rwahrens http://tisglorious.today.com/2008/11/25/all-in-on-bailout/#comment-39 rwahrens Tue, 09 Dec 2008 23:52:23 +0000 http://tisglorious.today.com/2008/11/25/all-in-on-bailout/#comment-39 Well, cou, the fact that the greedy mortgage bankers jumped in with both feet and circumvented the law by disguising insurance packages as investment packages didn't help the situation!! Tis one crosses the line between parties, I am afraid, and it'll take similar cooperation to get things back in shape. Well, cou, the fact that the greedy mortgage bankers jumped in with both feet and circumvented the law by disguising insurance packages as investment packages didn’t help the situation!! Tis one crosses the line between parties, I am afraid, and it’ll take similar cooperation to get things back in shape.

]]> By: politicalanimal http://tisglorious.today.com/2008/11/25/all-in-on-bailout/#comment-30 politicalanimal Thu, 27 Nov 2008 14:52:46 +0000 http://tisglorious.today.com/2008/11/25/all-in-on-bailout/#comment-30 Glad to see you're blog is working again Susie. For awhile i thought'd you'd just packed up your tent and moved on! I think these "depressions" or recession or whatever you want to call them are periodic and are inevitable and I'm not sure that all this gov't intervention is the answer. I don't care what people say, FDR's (great man that he was) massive gov't programs did not get us out of the Great Depression, WWII did. And a lot of this is largely Democrats' fault for making financial institutions give out mortgages to people who were not qualified for them, if i'm not mistaken. Glad to see you’re blog is working again Susie. For awhile i thought’d you’d just packed up your tent and moved on!
I think these “depressions” or recession or whatever you want to call them are periodic and are inevitable and I’m not sure that all this gov’t intervention is the answer. I don’t care what people say, FDR’s (great man that he was) massive gov’t programs did not get us out of the Great Depression, WWII did. And a lot of this is largely Democrats’ fault for making financial institutions give out mortgages to people who were not qualified for them, if i’m not mistaken.

]]> By: tisglorious http://tisglorious.today.com/2008/11/25/all-in-on-bailout/#comment-28 tisglorious Thu, 27 Nov 2008 09:18:44 +0000 http://tisglorious.today.com/2008/11/25/all-in-on-bailout/#comment-28 Thanks Rwahrens! Glad to be back and have more great discussions with ya'll! Re: courteous execs... Well, we sure can hope! However, if the past has been any example, I doubt that many of the same "bail me out NOW!" execs will be rushing to cut their own salary, which just undercuts their argument further, showing their lack of drive to change. And at this point, we really need a change we can see... and a change these companies' bank accounts can see/ Thanks Rwahrens! Glad to be back and have more great discussions with ya’ll!

Re: courteous execs… Well, we sure can hope! However, if the past has been any example, I doubt that many of the same “bail me out NOW!” execs will be rushing to cut their own salary, which just undercuts their argument further, showing their lack of drive to change. And at this point, we really need a change we can see… and a change these companies’ bank accounts can see/

]]> By: rwahrens http://tisglorious.today.com/2008/11/25/all-in-on-bailout/#comment-27 rwahrens Tue, 25 Nov 2008 23:28:03 +0000 http://tisglorious.today.com/2008/11/25/all-in-on-bailout/#comment-27 Welcome back, Susie! Good article, and shows an attitude I wish we would see more of. News was today that two execs of European banks refused large payouts for themselves. They declined millions in bonuses, and restricted themselves to salary only. Voluntarily. Will we EVER see that here? Welcome back, Susie!

Good article, and shows an attitude I wish we would see more of.

News was today that two execs of European banks refused large payouts for themselves. They declined millions in bonuses, and restricted themselves to salary only.

Voluntarily.

Will we EVER see that here?

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