Is it prudent that taxpayers pay $700 billion to bail-out gamblers who made bad bets?

Similar questions: prudent taxpayers pay $700 billion bail out gamblers made bets.

1 I've always questioned the government bail outs of these large corporations.. We did the same thing with many of the major airlines after they lost business following 9/11. Does the insurance and investment industry deserve this kind of government protection that we ourselves as private citizens don't get? Certainly not.

Of course the argument is always made for "stabilizing the economy" but these are really communist/socialist moves, not capitalistic ones. I think our politicians have forgotten just how much a billion dollars really is. That's why we have this expensive war with no end in sight, and Bush once again writing a huge check to a few poorly managed corporations... Its nice to write those big checks when they don't come out of your bank account...Must my two cents.

I've always questioned the government bail outs of these large corporations.. We did the same thing with many of the major airlines after they lost business following 9/11. Does the insurance and investment industry deserve this kind of government protection that we ourselves as private citizens don't get? Certainly not.

Of course the argument is always made for "stabilizing the economy" but these are really communist/socialist moves, not capitalistic ones. I think our politicians have forgotten just how much a billion dollars really is. That's why we have this expensive war with no end in sight, and Bush once again writing a huge check to a few poorly managed corporations... Its nice to write those big checks when they don't come out of your bank account...Must my two cents.

2 If that were all it did, it would be silly. But ask yourself, why are all those Congress people lining up in favor of it? Perhaps because it does more.

If that were all it did, it would be silly. But ask yourself, why are all those Congress people lining up in favor of it? Perhaps because it does more.

3 Could it just be if we don't do this the banking industry will collapse and all our money will be gone like in 1939. Banks would close all over the country. Iran's President is already saying the US is going to colapse and go down the tubes.

Could it just be if we don't do this the banking industry will collapse and all our money will be gone like in 1939. Banks would close all over the country. Iran's President is already saying the US is going to colapse and go down the tubes.

4 While the americans state NO.....by a 90 plus majority....and many good economists are now saying the governement is overstating this.....It will pass....The Voice of the People goes unheard even when heard.....kinda like here on Askville at times....Huuum! Interesting!Blessings......AnnleeLet the chips fall.......NO ONE KNOWS WHAT WOULD HAPPEN IF THEY DO NOT PASS THIS BAILOUT...if passed we know its mr citizen taxpayer who shovels the way out from it in the long run...US! .

While the americans state NO.....by a 90 plus majority....and many good economists are now saying the governement is overstating this.....It will pass....The Voice of the People goes unheard even when heard.....kinda like here on Askville at times....Huuum! Interesting!Blessings......AnnleeLet the chips fall.......NO ONE KNOWS WHAT WOULD HAPPEN IF THEY DO NOT PASS THIS BAILOUT...if passed we know its mr citizen taxpayer who shovels the way out from it in the long run...US!

5 What gets me is how whenever there is a circumstance like this, the government always finds billions of dollars *somewhere* to spend. But when it comes to education and medical coverage there is never anything available. They need to learn that an ounce of prevention is a whole lot cheaper then a pound of cure.

Maybe if these CEOs had better math classes we would not be in this problem! .

What gets me is how whenever there is a circumstance like this, the government always finds billions of dollars *somewhere* to spend. But when it comes to education and medical coverage there is never anything available. They need to learn that an ounce of prevention is a whole lot cheaper then a pound of cure.

Maybe if these CEOs had better math classes we would not be in this problem!

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.