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by UncleRob from CT, NY, NJ and FL

Last Post 1 day, 23 hours Ago


Let's bail them out because ...
Sep 23, 2008 | 11:30 PM
Category: News
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... the alternative, trust me, would be a LOT worse.

But let's construct the bail-out package(s) with some intelligence and common sense, yes? Washington, if there was ever a time to do something the correct way, this is it.

Give these financial giants (the ones whose greed created this mess in the first place) all the money they want/need, but:

o   garnish the all the salaries/bonuses/stock options of all the CEOs, CFOs, COOs, etc., etc. Do not let any of them walk away from this financial fiasco with pockets bulging with OUR money;

o   construct a payback schedule -- construct the "bail-out" as a loan instead of a gift;

o   assign forensic accountants to examine the books -- past, present and future to ensure there is no funny business above what we all know to date.
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Member Comments Total Comments: 3
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rottweiler7575 read my blog view my photos
Sep 24, 2008 | 12:11 AM

You forgot the 600% interest, I want my money back with interest !!!!!!!
shadows read my blog
Sep 24, 2008 | 7:50 PM

No questions, no conditions........Paulson. The administration told the truth about the need to go to war with Iraq didn't they? Why doubt anything that they are saying about the need for the bail-out?

All of the CEOs of firms that get bail-outs should also be fired without any compensation. Jail time for them would be even better. The government didn't hesitate to put Martha Stewart in jail for much less.
northton read my blog view my photos
Sep 25, 2008 | 5:34 AM

No Bailout!
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UncleRob

Computer Tech / Newspaperman / TV enthusiast / Curmudgeon

Member Since: 1/10/2007


 

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