Posted On: September 30, 2008, 2:57 pm CDT

Posted By: wudchuck

see folks, we like to always blame someone for failure even though we might have contributed to it. look how easy it was for everyone to blame a vote because of a speech? did not more than one person give a speech? did not more than one person vote? if you think that this extends back from the Clinton administration, then think how many of those same congressman and senators are in office now. why do we keep putting the same people in office and allow them to not change. afterall, obama and mccain are both in the the senate now! if you listen to the both, they are blaming each other for the same thing. everyone is quick to blame the Bush administration, but in reality - it's congress. remember that the president has to sign the legislation that comes from the congressional leaders. so, who do you blame now? i think we need to blame the ceo's of companies that fail! they take the money and run, because of the contract signed between them and the company. the shareholders allow there companies to create failure. why does the federal government have to step in? THEY DON'T! if banks are making bad loans, then they need to write them off -- afterall, did not the government on loans to some foreign countries? so, why should our deficit keep going out of control? if we want to secure funds in our banks up to $250k, who does it benefit? the middle class? i don't think so, another benefit for the upperclass. why do we think that we seem to help the middle to lower end of the spectrum. we don't! think about this, if we allow the $250k protected by the FDIC, does that not allow the bank to use your money again! if it's a bad investment, they lose the money but is that not technically your money - oooooh, but it's insured to $250k. where is the solvency in that? think about it folks. why are taking a bunch of experts word on what is or is not going to work. afterall, don't they have money invested somewhere? what makes them think they know more about what is going to happen? afterall, did they not predict that the bailout was going to pass -- and walla -- it did not...so where is your money going?