timinator wrote on November 17, 2008 10:12 PM: Ron Paul's comments on G-20 summit:

http://www.youtube.com/watch?v=COtE1J5NMbo

patrick wrote on November 17, 2008 08:22 PM: timinator:

If the world's economy is a poker game the last 30 years since reagan have seen a very few players "win" most of the chips.

Like all poker games, when there are few players left with chips, the game is over.

Well, even the few left with chips realize that unless they "lose" some of their chips to the "suckers" the game will be over; that is what this "bailout" is all about.

What's interesting to me is that while the Federal Reserve since reagan has kept "real" interest rates high, and thus "redistributing" wealth from the lower/middle classes to the wealthier classes it appears to be favoring the "other team" now; by reducing interest rates the holders of capital are/will "lose" by these actions.

Hard to believe but that is what is going on. Guess the rich don't want the game to end just yet.

C wrote on November 17, 2008 08:18 PM: Patrick;

Thank you for the constructive criticism and correction, I am, after all, a Las Vegas public school graduate - :)

But... how is what I would like any more ridiculous than what the bailout provides to the finance industry, let alone what the Big 3 auto makers are asking for? And who knows what all else is yet to come?

By the time all is said and done, 10 Trillion back in our collective pockets would be a drop in the bucket - comparatively.

timinator wrote on November 17, 2008 08:01 PM: The fascist/globalist Bankster Bailout was planned in advance, and it certainly wouldn't be used to help the average person. There are big-time political payoffs involved, after all.

The auto industry will probably be moved to China as part of the deal to bail it out. All major manufacturing will cease in the U.S., as planned at least two decades ago. These things are leading to the collapse of the economy and the fiat debt-based monetary system, followed by a call for a replacement with the Amero and a merger with Canada and Mexico in the North American Union.

I suspect Barack, Harry and Nancy will be leading the NAU charge, with the Neo-Cons lining up behind them.

Should be interesting...

snackler wrote on November 17, 2008 07:55 PM: The bailout has been political suicide for the Republicans and they knew it going in. If the bailout was nothing more than a payoff to the rich friends of politicians, don't you think they would have waited until after the election to do it? If there is no problem, why are the central banks of the world pumping trillions into the financial system? Think about it. We are nowhere near the end of this financial crisis and not even the experts know how it will end. The only bonus the Wall Street greed mongers should get is the assurance that we will let them live.

patrick wrote on November 17, 2008 07:20 PM: C:

Lets say there are ONLY 100 MILLION taxpayers ok, now multiply that times your proposed $100,000.00, what do you get?

10 TRILLION. The entire "proposed" bailout, although it will be less than this, is 700 Billion.

IF, the 700 BILLION were distributed evenly to the 100 Million taxpayers, each would get $7,000, just so you know.

goodie 2 shoes wrote on November 17, 2008 06:27 PM: C - you said:

"Does Washington think that we, the lowely tax payer, are to stupid to manage our own money?"

Yes they do.

C wrote on November 17, 2008 04:23 PM: Could someone please explain to me why each legal tax paying person/family wasnt given $100,000 instead of bailing out the banks?

If I had $100,000 I would pay off debt, take a really nice vacation, use a huge portion on a down payment for a house and pay cash for a car and still be able to put money away for my kids college.

Additionally, perhaps the court ordered child support that I never get ($12,000 in arears) could finally be caught up.

Seems to me that would stimulate the economy and give me a few minutes to stop worrying that I havent been able to find a decent job for over 10 months.

Does Washington think that we, the lowely tax payer, are to stupid to manage our own money?

dobbole wrote on November 17, 2008 03:47 PM: Henry

None of us are allowed to see who gets the bailout money exactly, they do not even know for sure where it went, but the latest estimate is at 1,000,000,000.00. When a bank gets into bed with the government, the end of big bonuses and lavish executive get-a-ways should be apart of the deal. There is no accountability; we have a bunch of politicians with a blank checkbook and no limit. There is not a politician in Washington that would not spend his new found wealth (read our money) in a way to help his party or himself in the future, it has nothing to do with helping us.

Now we are talking about an auto bailout, the manufactures doomed themselves by allowing the unions to run wild with pensions and benefits and turning out below average products so they can’t be competitive within a market they thought they would always own and the fact the car market has fallen off a cliff. Any “bailout” will not change the fact they can not compete with others in the industry, the bailout would be a favor to the auto industry and the auto unions “democrat voters” at our expense.

Let them fail; they put themselves in this position, why should I pay more taxes and have my money devalued for this.

No one should be “too big” to fail. Which brings the next point, how can you be fair giving money away and to whom.

So Henry, how much of the “bailout” has been sent your way? Your family will be expected to pay for it weather to a democrat or a republican and why should a politician be allowed to give your money to either side, can’t you decide what political party to support?

dobbole wrote on November 17, 2008 03:23 PM: Henry

Apparently, I don’t know the law like you. But some county and city fire units do transport medical patients to hospitals each and every day, for the most part AMR and Med West do it. If there is a law that says they are not allowed to, thank God they break it when needed for patient care. If you don’t believe me ask a firefighter, they do make occasional transports. Or spend a day in an ER you will see mostly the private units but every now and then City or county fire shows up.

So I don’t know about the law, county protocol or medical direction but I know what I see.

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