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Bailout? I Ain't Buying It!

The Daily Grind Sorry Mr. President, I don’t believe you. You need more people. I don’t believe that the country will fall into a major recession/depression if we, the taxpayers don’t agree to an estimated $700 billion bailout of companies who, ironically enough, were in the financial business in the first place.I don’t believe that I should use my hard-earned dollars to reward people who couldn’t manage their own or their stockholder’s funds with any measure of responsibility. I’m not getting a bailout for my bad decisions and debt, and trust me I don’t need anywhere near $700 billion. I may not be a Harvard M.B.A. or an economist, but I know b.s. when I smell it. This isn’t the only bailout, either. First it was AIG, and now the House has quietly passed a $25 billion bill to help Detroit automakers who were making gas-guzzling, energy inefficient, unreliable cars for years. (That bill is now awaiting approval from the Senate.)I don’t believe you, Mr. President because you lied about Iraq. You told the American people there were weapons of mass destruction in Iraq and we had to illegally occupy the country to get them. Turns out, our goal wasn’t WMD’s, it was oil so your homies at Haliburton could get rich off of the backs of innocent men and women who signed up to the military for a better life and ended up as victims of a war that never made sense.I don’t believe you because you and your folks said that Homeland Security and the Patriot Act would make us safer, when instead it’s just helped slowly dismantle the Constitution.So now you want me to believe that the country needs $700 billion dollars which will come out of the pocket of every American when millions of us can’t afford health insurance, gas or food? You mean to tell me that under your watch, things got this bad and nobody could see it coming before now? Is the fact that you went on TV and gave a speech and invited Obama, McCain and the heads of both parties to the White House supposed to impress me? Sorry. I ain’t buying your brand. You and cronies and have jacked up the country--maybe beyond repair and now you want to hit and run after you rape the U.S. Treasury for a couple billion? In the streets, that’s called "hijacking".Maybe folks need to lose their homes and downsize to ones they can afford. That might revitalize our broken cities as homes are generally more affordable there. Maybe people don’t need to run up massive credit card debt at 18% per card. Maybe folks need to slow down on all the electronic gadgets and flat-screen TV’s that we now swear we can’t live without. Oh, but that would erode corporate profits right? Well, apparently corporations didn’t do too well with the model they have or we wouldn’t be in this mess. This is capitalist America. Tough economic times just mean someone will find a creative way to make money off the problem. So I say, from my position here as hood economist…let it be. Let the chips fall where they may. ‘Cause sorry, son, I don’t believe anything you’re selling and woe to those who do.-Hellifiknow

Submitted By GG Content 55 days ago

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• 
  everydayguy says... 48 days ago Score: 0 Grind this Comment Trash this Comment

  well. The reality is that companies like AIG are important to the structure of our country. They insure properties, shippers, construction site, countries, government entities/projects. I agree that it is all greed. I agree that the political and corporate structure have gotten out of hand hand have no accountability. We must find a balance. This is going to come from realistic cooperation between all parties - corporation / politician / you!!!!!!
  
  So get out and vote. That will help change. Tell your friends to vote - we only need 2 percent to make a change. If two percent of the African-American eligible (Non-Registered) voters REGISTER AND VOTE - We can make a change.
  
  I am older than many of the readers on the Grind! In addition a once registered Republican - Nixon Loving Reagan Fanatic!!!
  
  But after Bush now Palin....I have thrown in my card. I guess it is time for Prodigal Son to come home!!!!!!!
  
  REGISTER AND VOTE

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  THE DROP ZONE says... 49 days ago Score: 0 Grind this Comment Trash this Comment

  It,s all about making sure these companies get a free ride when Obama becomes president. They know the gravy train is over. I bet they put their money in a hole so he wont be able to tax them, only us. Still holding the beg. STAN THE MAN!!!

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  TheNewYorker says... 52 days ago Score: 0 Grind this Comment Trash this Comment

  Whether you guys like it or not, they gonna do what they want until we take back our CheckBook from the republicans.

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  phobos says... 54 days ago Score: 0 Grind this Comment Trash this Comment

  well said, although its too convenient to simply point the finger at bush and wall street. and ur partly right most of this was caused by us! the average american. do you know how many americas cant manage their money? why do you see millions of commercials offering help to people to get out of debt. because the average american IS! people buying homes that shouldnt even be qualified for loans. how is that the banks fault? wachovia cant get their students to pay their college loans and thats also a big reason why theyre walking on sh*t. people simply arent paying their home mortgages and made stupid mistakes.
  
  everyone talks about iraq and the oil. we consume more than 20% of the worlds oil. i am not a complainer when it comes to gas prices. its a good thing, maybe that way wont be so f*cking depended on oil. we b*tch about the president and his oil companies but who the f*ck consumes it, wall street, bush? haha ya the average american, you me n e 1. check this out
  
  http://www.powerlineblog.com/archives/017618.php
  
  Cars average 36 mpg in Europe and 31 mpg in Japan vs. only 21 mpg in the United States.
  
  http://money.cnn.com/2007/04/09/autos/pluggedin_taylor_fueleconomy.fortune/index.htm
  
  they're looking into privatizing the money so it doesnt come out of our pockets, but who knows huh.
  
  if AIG was to tank with no help, not only would the US be in some shiet so would europe. america sneezes and the UK gets ebola. im tired of this, ima roll a fat one & chill to some wild style
  
  
  

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  dashawn says... 54 days ago Score: 0 Grind this Comment Trash this Comment

  yeah i agree blackspot!!!!

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