Comments on: Bailout of US Economy is Dangerous “Preach” not “Practice”… http://www.theslowbleed.com/economy/bailout-of-us-economy-is-dangerous-%e2%80%9cpreach%e2%80%9d-not-%e2%80%9cpractice%e2%80%9d%e2%80%a6/ The Systematic Draining of America's Economy, Culture, and Pride. Thu, 29 Dec 2011 06:21:46 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jay Burns http://www.theslowbleed.com/economy/bailout-of-us-economy-is-dangerous-%e2%80%9cpreach%e2%80%9d-not-%e2%80%9cpractice%e2%80%9d%e2%80%a6/comment-page-1/#comment-900 Jay Burns Wed, 24 Sep 2008 02:51:08 +0000 http://theslowbleed.wordpress.com/?p=976#comment-900 What Trillions? We have no trillions. We have no billions or even millions. We are broke. We were broke before the bailout. So what now? What are we changing. Nothing. We still sit back in our chairs sipping on lattes with our heads in the sand. We won't wake up until we attempt to slide the plastic at Starbucks only to find that visa and mastercard have gone bankrupt and are no longer bankrolling your life which exists beyond your means. How would that be for a dose of reality. I'm afraid it's coming folks and it's coming fast. Are you ready? Now, I must leave you to sip on my french press. What Trillions? We have no trillions. We have no billions or even millions. We are broke. We were broke before the bailout. So what now? What are we changing. Nothing. We still sit back in our chairs sipping on lattes with our heads in the sand. We won’t wake up until we attempt to slide the plastic at Starbucks only to find that visa and mastercard have gone bankrupt and are no longer bankrolling your life which exists beyond your means.

How would that be for a dose of reality. I’m afraid it’s coming folks and it’s coming fast. Are you ready?

Now, I must leave you to sip on my french press.

]]> By: Eric http://www.theslowbleed.com/economy/bailout-of-us-economy-is-dangerous-%e2%80%9cpreach%e2%80%9d-not-%e2%80%9cpractice%e2%80%9d%e2%80%a6/comment-page-1/#comment-899 Eric Tue, 23 Sep 2008 21:54:40 +0000 http://theslowbleed.wordpress.com/?p=976#comment-899 Why don't we pay off peoples mortgages instead of giving money to the already rich? I'd be for paying off the mortgages before just handing over the money to billionaires so they have no risk. They have no risk at all. They can continue to get millions in bonus money, and when times get tough, they will just call their friends in government to get a few hundred billion taxpayer dollars. Why don’t we pay off peoples mortgages instead of giving money to the already rich? I’d be for paying off the mortgages before just handing over the money to billionaires so they have no risk. They have no risk at all. They can continue to get millions in bonus money, and when times get tough, they will just call their friends in government to get a few hundred billion taxpayer dollars.

]]> By: Eric http://www.theslowbleed.com/economy/bailout-of-us-economy-is-dangerous-%e2%80%9cpreach%e2%80%9d-not-%e2%80%9cpractice%e2%80%9d%e2%80%a6/comment-page-1/#comment-898 Eric Tue, 23 Sep 2008 21:52:18 +0000 http://theslowbleed.wordpress.com/?p=976#comment-898 Since the American taxpayer is now broke, I say we outsource our politicians jobs to India. We can't afford the affluent politicians anymore, so I think we should outsource them to India and give our current leaders the pink slip. If only that were possible. I wish it were easy to immigrate to Europe, I'd be on the next flight. Its embarrassing to be part of a nation run by crack whores for the super-wealthy. We could have given free healthcare to every american citizen for less than the cost of these bailouts. Its obvious the american citizens best interest is no longer a part of our government. Since the American taxpayer is now broke, I say we outsource our politicians jobs to India. We can’t afford the affluent politicians anymore, so I think we should outsource them to India and give our current leaders the pink slip. If only that were possible. I wish it were easy to immigrate to Europe, I’d be on the next flight. Its embarrassing to be part of a nation run by crack whores for the super-wealthy. We could have given free healthcare to every american citizen for less than the cost of these bailouts. Its obvious the american citizens best interest is no longer a part of our government.

]]> By: CindyLu http://www.theslowbleed.com/economy/bailout-of-us-economy-is-dangerous-%e2%80%9cpreach%e2%80%9d-not-%e2%80%9cpractice%e2%80%9d%e2%80%a6/comment-page-1/#comment-897 CindyLu Mon, 22 Sep 2008 17:47:32 +0000 http://theslowbleed.wordpress.com/?p=976#comment-897 We are going in the wrong direction even with bailouts. I am not sure anything can help at this point and spending a Trillion dollars of taxpayer money doesn't make it better. We are going in the wrong direction even with bailouts. I am not sure anything can help at this point and spending a Trillion dollars of taxpayer money doesn’t make it better.

]]> By: swfreedomlover http://www.theslowbleed.com/economy/bailout-of-us-economy-is-dangerous-%e2%80%9cpreach%e2%80%9d-not-%e2%80%9cpractice%e2%80%9d%e2%80%a6/comment-page-1/#comment-896 swfreedomlover Mon, 22 Sep 2008 15:07:09 +0000 http://theslowbleed.wordpress.com/?p=976#comment-896 What's interesting is that they are rushing to bailout the corporations that created this mess but NOT the general public who are losing their homes. What really burns my butt though is that the masses seem to be sitting back and accepting this without question; YET those same people will bitch and scream about paying an additional toll on roads they drive on everyday to keep them in good condition. Those same people bitch about an additional 10cent tax to help fund a useful program in their community. These people don't realize that ANY government funding IS TAXPAYER MONEY and their taxes will have to be increased for this funding. excuse me while I go bring up my breakfast *now I know why I don't read or listen to any news on weekends or days off* What’s interesting is that they are rushing to bailout the corporations that created this mess but NOT the general public who are losing their homes.

What really burns my butt though is that the masses seem to be sitting back and accepting this without question; YET those same people will bitch and scream about paying an additional toll on roads they drive on everyday to keep them in good condition. Those same people bitch about an additional 10cent tax to help fund a useful program in their community.

These people don’t realize that ANY government funding IS TAXPAYER MONEY and their taxes will have to be increased for this funding.

excuse me while I go bring up my breakfast *now I know why I don’t read or listen to any news on weekends or days off*

]]> By: Cat9438 http://www.theslowbleed.com/economy/bailout-of-us-economy-is-dangerous-%e2%80%9cpreach%e2%80%9d-not-%e2%80%9cpractice%e2%80%9d%e2%80%a6/comment-page-1/#comment-895 Cat9438 Mon, 22 Sep 2008 10:39:14 +0000 http://theslowbleed.wordpress.com/?p=976#comment-895 Great Post! This one should be required reading! Great Post! This one should be required reading!

]]> By: renaissanceguy http://www.theslowbleed.com/economy/bailout-of-us-economy-is-dangerous-%e2%80%9cpreach%e2%80%9d-not-%e2%80%9cpractice%e2%80%9d%e2%80%a6/comment-page-1/#comment-894 renaissanceguy Mon, 22 Sep 2008 10:31:30 +0000 http://theslowbleed.wordpress.com/?p=976#comment-894 Right you are! I'm glad that somebody else sees things so clearly. A lot of good it will do, though! In essence "we" are paying ourselves back with money that "we" do not have because "we" are already in such huge debt. Beyond that "we" are doing it with money that has no actual value except the good faith that people put in it, which is dwindling fast. The biggest problem of all is debt--individual debt and national debt. It is prompted by greed and covetousness. Right you are! I’m glad that somebody else sees things so clearly. A lot of good it will do, though!

In essence “we” are paying ourselves back with money that “we” do not have because “we” are already in such huge debt. Beyond that “we” are doing it with money that has no actual value except the good faith that people put in it, which is dwindling fast.

The biggest problem of all is debt–individual debt and national debt. It is prompted by greed and covetousness.

]]> By: JustZ http://www.theslowbleed.com/economy/bailout-of-us-economy-is-dangerous-%e2%80%9cpreach%e2%80%9d-not-%e2%80%9cpractice%e2%80%9d%e2%80%a6/comment-page-1/#comment-893 JustZ Sat, 20 Sep 2008 15:45:01 +0000 http://theslowbleed.wordpress.com/?p=976#comment-893 Why should we, as taxpayers, pay for the results of corporate greed and mismanagement? I certainly didn't see a check for my share of the profits when things were in the black! As a small business owner, I know that there is no one to bail me out when things get tight. I think it is time for some corporate tough love (i.e. suffer the consequences of your actions). This would of course impact many sectors of finance, but how long can we go on propping up a three legged table? Why should we, as taxpayers, pay for the results of corporate greed and mismanagement? I certainly didn’t see a check for my share of the profits when things were in the black!

As a small business owner, I know that there is no one to bail me out when things get tight. I think it is time for some corporate tough love (i.e. suffer the consequences of your actions). This would of course impact many sectors of finance, but how long can we go on propping up a three legged table?

]]> By: Mike http://www.theslowbleed.com/economy/bailout-of-us-economy-is-dangerous-%e2%80%9cpreach%e2%80%9d-not-%e2%80%9cpractice%e2%80%9d%e2%80%a6/comment-page-1/#comment-892 Mike Sat, 20 Sep 2008 05:18:03 +0000 http://theslowbleed.wordpress.com/?p=976#comment-892 Correct me if I'm wrong but didn't they also create the situation which allowed for more mortgages? I know that there are a thousand reasons for foreclosure, but doesn't it seem like those of us that pay our bills on time are being penalized. Maybe the government should donate some mula toward my mortgage as well. Correct me if I’m wrong but didn’t they also create the situation which allowed for more mortgages? I know that there are a thousand reasons for foreclosure, but doesn’t it seem like those of us that pay our bills on time are being penalized.

Maybe the government should donate some mula toward my mortgage as well.

]]> By: kingdom media http://www.theslowbleed.com/economy/bailout-of-us-economy-is-dangerous-%e2%80%9cpreach%e2%80%9d-not-%e2%80%9cpractice%e2%80%9d%e2%80%a6/comment-page-1/#comment-891 kingdom media Fri, 19 Sep 2008 23:16:46 +0000 http://theslowbleed.wordpress.com/?p=976#comment-891 it's hard to object to the government's mass bailouts since similar debt-producing methods were put into action to bring the U.S. out of the Depression; maybe socialism is what we've been been headed for this whole time... it’s hard to object to the government’s mass bailouts since similar debt-producing methods were put into action to bring the U.S. out of the Depression; maybe socialism is what we’ve been been headed for this whole time…

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