Thanks Walt, you the man. Okay, that makes two that are saying one thousand eight hundred billion dollars—-not seven hundred billion dollars. They are both using Reuters as their source. Why don’t we all start giving the correct figure and stop giving the $700 billion figure?

I have emailed about 50 different media. Why don’t we all do that and insist they use the correct figure of $1.8 TRILLION!!!

http://www.democrats.com/ bush-bailouts-1.8-trillion-and-counting

Credit derivatives
Second liens
Student loans
Credit card debt
Car loans

700 Billion isn’t going to cut it. It’s just too expensive, and I do not and should not believe Bernanke and Paulson, who lacked the foresight to see the house of cards falling. You could notice only sinister optimism from them and the rest of the GOP. So they can’t tell me that “the original plan must pass..or else the financial markets will fall.”

All of these self-infatuated nuts can go to hell. They’ve forever laid to rest the myth that the free markets can take care of itself. In their quest to keep everything hands-off, they have made hands-on more urgent and expensive. Extremely expensive.

Well I don’t know but maybe the $1.8T comes from $700B + interest?

Prior to this one-point “rescue” ‘plan’ the Gov already committed $200 billion it previously said it didn’t have to spend on Vet health care, infrastructure, Soc.-Sec, SCHIP, shoring up the sinking USD and so on.
Add to that the fact that many US taxpayers can’t afford their mortgages can;t afford to buy gas as much, or food, or health insurance, or college or credit cards or luxury goods that would otherwise generate sale-tax revenues and given that incomes have dropped resulting in a lower income-tax base for Govt . income and that property values have dropped further reducing govt, income…( deep breath)….the money has to come from SOMEWHERE–like from foreign loans from stronger foreign economies which will charge interest and want to be paid in currencies stronger than the US dollar.

Sign the petition, no bailout.

Translation: The big money boys are charging payday loan rates to each other to cover their unregulated credit instruments. That’s for poor people, not us.

We have to act quickly.

Translation: The big money boys want their money back, the most direct route, and now. That’s for poor people to pay.

We, Democrats and Republicans alike, have to remember those elected officials who put their own self interests ahead of those that elected them. It is time to clean house on both sides… but we can’t do that if we continue to meekly drink the koolaid… and we can’t do it if McCain is in office (I sense concentration camps for dissenters)

It is increasingly clear that there really is no recovery or rescue plan here. There is only a naked attempt to exchange all the “bad bets” for taxpayer money to the exclusive benefit of the companies that have gamed the system, created and abused devices like naked “credit default swaps” and have lobbied and contributed to the campaigns of the legislators who have aided and abetted them.

This is a pig no amount of lipstick could possibly cover up.

I’m also on the fence about the amount being bandied about.

I hate to think of the government forking-over $700 billion, only to discover that they only needed to spend $695 billion, though on the other hand what if it really ought to be $710 billion?

Maybe Robert Mugabe could help us out here? After all who knows more about economic crisis and ridiculous numbers of dollars than him?

0% say the economy is getting better.

Who are these 19% that approve of a bad economy?

Why does the bailout include student loans, credit card debt, and car loans?

Disaster capitalism, buying up all the big money house’s asset junk.

BUSH’S BAILOUTS: $1.8 TRILLION & COUNTING by Bob Fertik:

http://www.democrats.com/ bush-bailouts-1.8-trillion-and-counting

Is he wrong because he is counting some things twice? If he is right, then why is he the only one giving the total as $1.8 Trillion?