Where is the government getting all of this bailout money?

No, bring it up any time tax money is wasted in this country. The only way the government has to raise money is through taxes. Yes, they can raise moeny with bonds, but those are paid off with taxes.

They need to raise taxes to pay off the debt they are creating. BTW, you can not blame the Dems, as they are not in control yet - they can create laws in congress and the senate, but those laws have to be signed by Bush, a Repub. The biggest waste so far is the Iraq incursion.

But this assinine bailout will come in a close second. Let companies go under that are mismanaged and get so greedy they can't survive - that's the free market - only the strong and flexible survive. Let them all go under - that just opens up the opportunity for other companies to be formed and prosper in the vacuum.

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From us Since it essentially is our money I propose this solution: Give each and every US citizen 18 yeras of age and over $50,000. The stipulation is that they must spend at least $25,000 on a new car from one of the 3 crying, whining car companies that are begging for a bailout. The remaining $25,000 must first spent to pay off credit card debt, any left over must be spent on consumer goods.

That way, the car manufacturers will not need bailed out since they will now have to build many, many new cars, the gas companies can quit worrying because we will be buying gas for our new cars, the insurance companies will be happy because we will all have to purchase better insurance. The producers of consumer goods and retailers will be happy since we will be shopping. Problem solved.

The gov. Will spend the same amount (or less) that the greedy hands are reaching for and we, the loyal, US CITIZEN taxpayers will be happy because we all have new cars, no debit and money to shop for Christmas.

The same place they got the money to fight a war while cutting the tax rate. Hard times are when the government should be borrowing, and using the money for the common good. Good times are when the government should be paying off the accumulated debt.

Unfortunately, the last time the national debt actually went down, from year to year, was 1957. Everybody’s been arguing that this crisis is like the Great Depression of the 1930s. Frankly, though, this crisis looks a lot more like the Panic of 1873, at least if you put the US in the position of the European Great Powers: The problems had emerged around 1870, starting in Europe.In the Austro-Hungarian Empire, formed in May 18730, in the states unified by Prussia into the German empire, and in France, the emperors supported a flowering of new lending institutions that issued mortgages for municipal and residential construction, especially in the capitals of Vienna, Berlin, and Paris.

Mortgages were easier to obtain than before, and a building boom commenced. Land values seemed to climb and climb; borrowers ravenously assumed more and more credit, using unbuilt or half-built houses as collateral.. But the economic fundamentals were shaky. Wheat exporters from Russia and Central Europe faced a new international competitor who drastically undersold them.

The 19th-century version of containers manufactured in China and bound for Wal-Mart consisted of produce from farmers in the American Midwest. They used grain elevators, conveyer belts, and massive steam ships to export trainloads of wheat to abroad. Britain, the biggest importer of wheat, shifted to the cheap stuff quite suddenly around 1871.

By 1872 kerosene and manufactured food were rocketing out of America’s heartland, undermining rapeseed, flour, and beef prices. The crash came in Central Europe in May 1873, as it became clear that the region’s assumptions about continual economic growth were too optimistic.. As continental banks tumbled, British banks held back their capital, unsure of which institutions were most involved in the mortgage crisis. The cost to borrow money from another bank — the interbank lending rate — reached impossibly high rates.

This banking crisis hit the United States in the fall of 1873. Railroad companies tumbled first. They had crafted complex financial instruments that promised a fixed return, though few understood the underlying object that was guaranteed to investors in case of default.(Answer: nothing).

The bonds had sold well at first, but they had tumbled after 1871 as investors began to doubt their value, prices weakened, and many railroads took on short-term bank loans to continue laying track. Then, as short-term lending rates skyrocketed across the Atlantic in 1873, the railroads were in trouble. When the railroad financier Jay Cooke proved unable to pay off his debts, the stock market crashed in September .. If I’m right, and the 1873 depression is the right template for what’s happening today, then failure of the government to act will probably result in unemployment topping out between 25% and 35%; that means the loss of between 35 million and 55 million jobs nationwide.

If so, we can expect riots from unemployed workers demanding jobs, probably resulting in the destruction of billions of dollars’ worth of infrastructure, both public and private. We can expect GDP to continue to decline until around 2014, and the first few years of the recovery to be "jobless recoveries," like after the last few recessions. Like it or not, though, this is not a recession where the government will fold its arms and claim that it’s immoral to help those who are trying to find work.

Even President Bush is arguing for government intervention (and, as far as I know, he's still a Republican); the differences are what kind of intervention, not whether it should happen at all. There’s a very rational and selfish reason for everyone to want the unemployed to have jobs, even if they’re Depression-era "makework" like the USS Enterprise and creating 680,000 miles of paved roads: Men who are working, even if they’re limited by law to 30 hours per week, rarely stage riots demanding that someone give them a job. Men who are watching their families sicken from sudden poverty, and who have run out of legal options to improve the situation, often stage such riots.

Sources: http://chronicle.com/temp/reprint.php?id=477k3d8mh2wmtpc4b6h07p4hy9z83x18 http://treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm http://www.whitehouse.gov/news/releases/2008/09/20080922.html http://www.cv6.org/ http://georgiainfo.galileo.usg.edu/gatransportphotos/WPAroadproject1936.htm Murstein's Recommendations Manias, Panics, and Crashes: A story of Financial Crises (Wiley Investment Classics) Amazon List Price: $19.95 Used from: $11.31 Average Customer Rating: 3.5 out of 5 (based on 44 reviews) The Persistence of Poverty: Why the Economics of the Well-Off Can't Help the Poor Amazon List Price: $30.00 Used from: $21.50 Average Customer Rating: 4.0 out of 5 (based on 2 reviews) The "persistence" book explains *why* the poor think differently about life and money than the rest of us.It's that circumstances are different than for the rest of us.

1 Last I checked George W Bush was still president until January 20th.

Last I checked George W Bush was still president until January 20th.

Last time I checked President Bush was still in charge....

" "Is the government "bailout," i.e. Lending money to banks and individuals, really a socialist economic act?" "Do we have the best government money can buy? " "Treasury Department tells AUTO MAKERS....NO MONEY..NO BAILOUT!

" "In our federal government, what is one division of it that makes money? I know Post office, but they always say they are" "If the government can spend money that they don't have why can't I? " "What are some ways the state can receive money from the federal government.

Is the government "bailout," i.e. Lending money to banks and individuals, really a socialist economic act?

Treasury Department tells AUTO MAKERS....NO MONEY..NO BAILOUT!

I know Post office, but they always say they are.

What are some ways the state can receive money from the federal government.

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.