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View Diary: Why I Voted Against the Bailout (160 comments)

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  •  no, seeing my personal credit lines slashed (1+ / 0-)
    Recommended by:
    LynneK

    through no fault of my own and hearing my employer talk about how hard it was to find financing for our capital projects this year is why I'm panicking.

    Bush tells you to panic, and you do.  It's pathetic.

    A PBS mind in a Fox News World | -5.25/-4.72 | Obama 08!

    by Crookshanks on Mon Sep 29, 2008 at 03:11:43 PM PDT

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    •  That's 7.5 years of BushCo "Have Mores" economy (0+ / 0-)

      + Clinton signing de-reg late-90s that got us here.

      Tax cuts for the top 2%.  No faux 'trickle down'.

      That's what has f*cked our economy.
      NOT Rep Serrano.

      "Fuck Fox News!" ~ DFH protesters in Denver

      by JVolvo on Mon Sep 29, 2008 at 04:03:40 PM PDT

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      •  dude, you are preaching to the choir here (0+ / 0-)

        but the fact remains that we are where we are and we need to take action to fix this.

        You aren't going to reverse 16 years (actually, almost 30 -- this goes back to Reagan) of economic policy and attitudes overnight.  You don't run into a burning house and ask who started the fire -- you put the fire out and then steps to make sure it never happens again.

        You think the middle class is suffering now?  Wait until the credit markets seize up and employers start missing payroll.  You really think the so-called fat cats are going to feel the pain?  You and I will feel the pain when we get laid off.  Community banks and credit unions will feel the pain when their deposits in larger institutions are lost.

        I'm sorry, but I can't get behind all of this finger-pointing right now.  It'll be a lively debate in a few months but right now we need to stop the bleeding before it's too late.

        Many people blame Hoover (a Republican) for the Great Depression.  How much comfort do you think that really was to the people who were living it?  I'm less interested in blaming the Republicans and more interested in doing what we can to avert this disaster before it's too late.

        A PBS mind in a Fox News World | -5.25/-4.72 | Obama 08!

        by Crookshanks on Mon Sep 29, 2008 at 05:26:45 PM PDT

        [ Parent ]

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