If the EU helps Greece with its debt, every other country will also want a bailout. Every country needs to figure out how to get back to level ground through their own policy making. View
Bank of America is terrible; people should have stopped patronizing them long before they mismanaged government bailout money. View
December 10, 2009 04:17 AM
The TARP bailout fund was not intended for job-creation program and thus should not be used for job-creation. Yes, the President needs a jobs program, however, TARP is not the source.
The original language has real specificity about the way money can be used; the money has to go into the banking system.
Ms Pelosi cannot confiscate $200 billion because California has 12.5% unemployment. NJ is not much better. Besides, the problem is the profligate spending in these states.
Congress needs to go through the process of drafting legislation for the President's signature if it wants additional funding. View
While I can certainly understand the concern over how many jobs GM is offering Americans, if they didn't pour money into Europe, their reputation would be shot there after that whole Opel fiasco. After the bailout PR nightmare in the US, not sure GM can afford to also turn its back on Europe. It's about enabling GM to pay back the government, which is the ultimate goal, right? View
I think this would've had its intended effect if it had been done on a voluntary basis. I also feel like it should have been done before the bailout. View
October 26, 2009 03:37 PM
I'm not sure why there wasn't a bonus stipulation in the government's bailout contract to begin with. Seems to me one should try to cover all their bases when giving out billions of dollars. View
September 21, 2009 01:03 PM
I am so pleased to have stumbled across your website! I think Obama is trying to back up and stop being the bailout nosey country that we have become. We truly see ourselves as the world police and that is crap. Also why does poland and the Czech Republic need protection against Russia? Chill out Russia. Why the hell cant everyone just accept their borders and get on with it. I am sure Russia can look at its own country and find oodles of things to improve. I am so tired of all the hostility. Why cant everyone just clean up their own backyard before nosing around as to who is doing what beyond the border. Its so predictable and boring. Anyway cheers to you for reporting the real news. Personally I have given up watching any media cause it all seems one sided and out of reality. Thanks View
August 17, 2009 08:32 PM
How can democrats defend this health care bill and the bailout while still saying they are upset Bush spent money he didnt have on healthcare? Enough with the double standards. More debt has been IMPOSED by this president than any other in history. I work hard for a living and I like my healthcare...I work for my own family, not anyone elses! View
Of course the running of GM will become politicized, the running of every Fortune 500 is politicized. I continue to feel that the govt bailout of GM was a misguided attempt to stave off the inevitable, but I hope and expect (as a partial stockholder via my taxpaying status) that GM will emerge as a producer of a viable product, like electric and hydrogen cars. View
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