I WANT TO FUCKING KNOW WHY HARD-WORKING AMERICANS

have to work even fucking harder to pay for the losses incurred by shady mortgage lending practices!

WHY THE FUCK ARE WE GOING TO STAND FOR THIS?

SOMEONE PLEASE HELP ME UNDERSTAND WHY WE CAN PAY $5.2 TRILLION IN BANK LOSSES WHILE I CAN'T EVEN GET A FUCKING HEALTH CHECK-UP!!!!!!!

duh

You can have either socialized robber baroning or socialized medicine. And you heartless libruls want to expose defenseless greedheads to the merciless vagaries of the free market! How cruel can you be? And would you people over there mind dying a little more quietly?

banking then we would have less disparity in the distribution of wealth and parity to the liabilities. I see the banking corporations, the insurance corporations, the healthcare corporations,etc. as being in a more facist relationship to the government. Right now I could go for socialism. imho

no, only for the banks themselves... not for the people, certainly not

after all, all are equal... but some are more equal than others

four legs goooood, twooo leggs baaaad

otherwise you're just yelling into the Interwebs.

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week in St. Paul. Is that a good idea? Or, we could write to the congress critters.......again, & again, & again. Or, we could hold an honest election and vote the bastards out. I don't hold an abundance of hope for my third alternative. imho

What do you suggest? Or, should we just let the situation ride and make do?

edit: punctuation

Economic Conservatism; and permit Conservativsm to only be represented
by "family values". Calling them Bush Policies innoculates the GOP
letting them slide by with not one ounce of responsiblity.

I'd be curious as to where exactly you got this figure.

the question as to exactly how much this "socialist program" (their words) is going to cost. Regardless if it's $5.2 million or $5.2 trillion makes no difference. The fact is that I don't have a mortgage and I didn't loan anyone money to buy a house. Yet it would seem that my tax dollars, which I would like to see used for infrastructure, healthcare, and social programs, will instead be used to bail out the very people who caused this mess to begin with.

so many other things. The few people who give a shit end up pissing in the wind. Some of them even shout on internet boards.

While you're at it, why not ask what happened to all the money that people who SOLD their houses at obscene profits went? And why were other people willing, or forced, to pay such ridiculous prices?

You might also ask how we got to the situation where consumers are the ones whose spending on vast amounts of stuff keeps the economy moving, but much of that stuff is made overseas making out balance of payments worse, and most consumers are making less anyway.

Extra points for explaining all this without blindly blaming the usual suspects for all of the problems.

BTW, we won't be paying 5 trillion or so out of gummint cash-- a lot of this works itself out through normal financial mechanisms. Too bad that our Federal debt and current account balance are so out of whack that they kind of put the kaibosh on a lot of that normal financing.

And you may not be one of them, but perhaps you are a renter whose landlord was able to buy and maintain the building you live in by taking out a mortgage?

a great deal because our broker didn't require us to provide any financial information or credit information, or maybe the broker ignored the income-to-loan value ratio so he/she could get a whopping commission despite the fact that he/she knew we would very likely have difficulties paying for our new home. Especially if the interest rates started rising.

This is a tough situation. A lot of this problem is directly related to LAX financial regulation that allowed thousands (hundreds of thousands??) of very dubious loans to be approved because the lenders were making lots of $$$$ selling and buying them.

The laws that were enacted after the Depression were specifically designed to counter this type of wild-ass lending policy, but lo and behold, our gummint stopped regulating.

Then there's the other side of the problem which is the borrowers who knew damn well that they were getting in over their heads with the size mortgage they applied for (and got), yet they did it anyway. Some were plain ignorant, which in and of itself isn't a good excuse, but shit happens. And then there were the "players" who saw dollar signs in the insane housing market and decided to get in on the greed. These folks were banking on (pun intended) making a killing when they resold their property(ies), but the buzz kill was the deflation of the housing bubble.

Bottom line, if the regulators had been regulating as the law required before our good friends in the regulatin' bidness decided to "loosen the restraints", we wouldn't be here today.

Fortunately, all those REALLY RICH AND FINANCIALLY ASTUTE FOLKS in the upper echelons of many of these lending institutions have already abandoned ship or are getting propped up by the bailout. Doesn't that make us all feel better?

get away with the least damage or none at all or are coming out ahead, leaving in their wake the devastation of dreams denied, hearts and wallets broken, misery, despair. As well as a rather large tax burden for the rest of us to absorb.

That's greed in action, ladies and gentlemen.

to point this out when covering these bailout stories. It's always about helping the economy stay afloat. But it wouldn't be sinking if it weren't for those thieves.

I feel your rage.

an unknow VP candidate in Pallin - who's too afraid to answer direct questions.