Question:
Is there anyone here who agrees with the bailout? ?
K
2008-11-21 08:19:16 UTC
I do. If companies can't take out loans then they can't pay their workers. Workers lose jobs and can't buy products. Anyone still around selling products loses their jobs because everyone is out of money. If you give everyone loans instead then it's just a one time pay. It doesn't help you keep your job.

Yea it sucks we have to bail out companies. But it sucks more if we don't.
Nine answers:
straightds67
2008-11-21 08:38:34 UTC
Unfettered and unchecked capitalism has many downsides. Which is why our form of capitalism is a mix of other things as well. Some wingnuts call it "socialism" when the government steps in to help companies, and then equate that to communism. This, of course, is a farce.



America will never be a socialist state. However we can combine everything available to us to make our country run well.



Social Security = a form of socialism

Child welfare = a form of socialsm

Taxes = a form of socialism



We have ALWAYS functioned by mixing ideologies to better serve our people, but the underlying factor is Capitalism and free-markets.



Being that the goal of any public company (one which has stockholders) is "growth" so that stock prices increase. Then the ultimate goal is for the companies to continue growing forever. Being that we live on a finite planet, that is obviously not possible. It may take a hundred years or much, much more, but unfettered, unchecked capitalism will eventually fail, as there will be no more possibility for growth. Ultimately there will only be one huge company that has grown by acquiring all the other ones. At that point, by definition we will no longer be a capitalist society, as there will be no more competition. More like Totalitarianism but corporate driven.



In the meantime, if we are going to continue to let companies make stupid mistakes (free markets) then regretfully we must do what we can as a country to make sure their mistakes do as little damage to the entire population.



It sucks that when a company takes a huge risk and it works, they get all the rewards. When a company takes a huge risk and fails, the people must bail them out of it. Not fair, is it.



The problem is that it doesnt matter if it is fair or not. Too much is at stake, and too many things are intertwined that without stepping in, the results could be disastrous
Fuzzybutt
2008-11-21 16:26:47 UTC
NO



stop building large cars that use too much gas that nobody wants.

The fact the the average worker makes 37.50 an hour might

be the problem to



Sorry that you took out a home loan that you could not afford.

short of losing your job, health issue i dont feel bad that you

were gready and took a more money than you could pay.



Thumbs down or not - it is the truth



Put on you man pants and your girly pants and face your

responsibilities.
2008-11-21 16:29:08 UTC
Yes I do. Let's give what's left of the wealth in this country to the RICH, and allow our congress to be bought out by lobbyists, like the $20 MILLION that was tacked on to give tax subsidies to an Oregon firm to make wooden arrow shafts for children's archery, and a however many MILLION it was to subsidize NASCAR race track owners - $120 BILLION in similar pork-barrel spending surely is NOT excessive in this tough economic market.

Anyone who fully understands what has happened knows that the lobbyists now have fully taken over the decision making process of our fine country!
Kat
2008-11-21 16:27:54 UTC
I disagree with the business as usual good ol' boy method of give them more money. I disagree with the bailout money as insurance of fat bonuses for the fat boys in the fat boy towers. Without a clear method of distribution for actual benefit - which is not happening - it's silly and is not helping WHAT IT IS SUPPOSED TO BE HELPING. People make assumptions. Havn't we learned anything about the capabilities of these capitalist corporations? Why is giving them more money ever a good idea? I envision them rubbing their greasy little hands together. Sick and sad.
Xerxes- The Wise One
2008-11-21 16:26:30 UTC
It only helps the Firm & people with high jobs...........which is good.

Shareholders help the country's economy as whole



People who do labour jobs can find their jobs anywhere in here & where I live is not America.





Bail Out means helpin the country's economy not individuals, which is good!
DeCaying_Roses
2008-11-21 16:23:59 UTC
Why don't the big wigs at the top of the companies take pay cuts instead. No one is giving me any free money. Feck em.
special ed's sock puppet
2008-11-21 16:22:47 UTC
i think the corporate hotshots for the Big 3 need to sell their private jets first if they want some of that money.
:)
2008-11-21 16:24:20 UTC
i have mixed feelings



we need to have the bail-out because otherwise, the whole US is screwed but all its saying is "do wut you want, be irresponsible and the government will always help you out and get you out of the mess you made"
Invisible Pink RN
2008-11-21 16:22:27 UTC
I do agree, what choice do we have?


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