Basically this decision to aid businesses is totally crazy. Come on, the Bush Administration has screwed up a lot of things. And now they are going to give $700,000,000,000.00 to bail people out. This IS a critical moment in the history of the U.S. if not a turning point. What they should do is lend it out with interest. If not, the government should at least take a certain percentage of the profit that the companies will make off of this.
If you ask me this looks more like an act of desperation. I just pray that this goes well, and if not then that'll be the end of everything. Like it or not businesses will still continue to act in their own interest. I'm with thelistman on this.
Even if the amount of foreign aid we give isn't a large percent, its still a percent. We could use that money to do a small jump start on a company and maybe keep from having to bail them completely out.
Before you begin to cut any of that foreign aid you should make sure that you cut the military budget nearly in half and get rid of the hundreds of other useless or inefficient programs that we currently have.
So a CEO can piledrive a company into debt (while it sponsors sports teams for millions) and he can then walk away with tens of millions in his pocket through the government?
I think that they're passing the so called "golden parachutes" for the CEO's of the companies that are being bailed out. This means that if they do ditch, they have to help pay off what the company owes. It gives incentive for them to want their company to prosper, instead of taking the money and leaving.
maybe obama is a terriorist you never know you cant trust him maybe he works for them because in a commercial he was saying that terriorts r our allies i dont trust obama hes not a true american go MCCAIN!!!
Err you no nothing of the Iraq war do ya...Iraq was actually our ally. And Obama has lived here all his life? And what is a 'true' American?
It didn't. DOW dropped ~780 points today after the plan was rejected. The funny thing is, is that there wasn't really a partisan line to draw between the voters. There were an equal number of democrats and an equal number of Republicans who voted against it.
