Comments on: Echoes Of Iraq War: White House Claims Bailout Will Pay For Itself http://thinkprogress.org/2008/09/25/bailout-payback/ Thu, 26 Nov 2009 02:53:16 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: EugeneDebs http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-2/#comment-5250156 EugeneDebs Thu, 25 Sep 2008 19:20:19 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5250156 FREE MONEY 700 billion dollars of free money. Isnt that special. FREE MONEY 700 billion dollars of free money. Isnt that special.

]]> By: sacopenapa http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-2/#comment-5250006 sacopenapa Thu, 25 Sep 2008 18:51:17 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5250006 We've seen this movie before... We’ve seen this movie before…

]]> By: DieNowForPeace http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-2/#comment-5249888 DieNowForPeace Thu, 25 Sep 2008 18:17:17 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249888 "The bailout will pay for itself" "The war will last 6 months, maybe less." "We will be greeted as liberators." "Mission accomplished." "The insurgency is in it's last throes." "Iraqi oil will pay for the war." "The surge." "The fundamentals of the economy are strong." or better yet, these specific classics: NEW YORK (CNN) -- "I have great, great confidence in our capital markets and in our financial institutions. Our financial institutions, banks and investment banks, are strong. Our capital markets are resilient. They're efficient. They're flexible." -- Treasury Secretary Henry Paulson, March 16, 2008 "Our policy in this administration -- laws shouldn't bail out lenders, laws shouldn't help speculators." -- President Bush, May 19, 2008 "Our economy has continued growing, consumers are spending, business are investing, exports continue increasing and American productivity remains strong. We can have confidence in the long-term foundation of our economy...I think the system basically is sound. I truly do." -- President Bush, July 15, 2008 “The bailout will pay for itself”

“The war will last 6 months, maybe less.”

“We will be greeted as liberators.”

“Mission accomplished.”

“The insurgency is in it’s last throes.”

“Iraqi oil will pay for the war.”

“The surge.”

“The fundamentals of the economy are strong.”

or better yet, these specific classics:

NEW YORK (CNN) — “I have great, great confidence in our capital markets and in our financial institutions. Our financial institutions, banks and investment banks, are strong. Our capital markets are resilient. They’re efficient. They’re flexible.”

– Treasury Secretary Henry Paulson, March 16, 2008

“Our policy in this administration — laws shouldn’t bail out lenders, laws shouldn’t help speculators.”

– President Bush, May 19, 2008

“Our economy has continued growing, consumers are spending, business are investing, exports continue increasing and American productivity remains strong. We can have confidence in the long-term foundation of our economy…I think the system basically is sound. I truly do.”

– President Bush, July 15, 2008

]]> By: octamethyl http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-2/#comment-5249768 octamethyl Thu, 25 Sep 2008 17:42:24 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249768 And I am sure we will greet the greedy Wall Street idiots as 'liberators'. And I am sure we will greet the greedy Wall Street idiots as ‘liberators’.

]]> By: samsuncle http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-2/#comment-5249732 samsuncle Thu, 25 Sep 2008 17:36:13 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249732 Fool me once shame er er shame on you. Fool me twice er er we won't get fooled again. Goofy grin. Fool me once shame er er shame on you. Fool me twice er er we won’t get fooled again. Goofy grin.

]]> By: Briseadh na Faire http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-2/#comment-5249648 Briseadh na Faire Thu, 25 Sep 2008 17:14:49 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249648 If what he says is true, that this is an investment which will pay for itself, then no bailout is necessary. There is no mortgage crisis. If what he says is true, that this is an investment which will pay for itself, then no bailout is necessary. There is no mortgage crisis.

]]> By: Shayne http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-2/#comment-5249488 Shayne Thu, 25 Sep 2008 16:26:33 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249488 If Pelosi and Reid had allowed the impeachment of Bush and Cheney his minions wouldn't be bold enough to fabricate the evidence needed for the bailout the way they fabricated Iraq's WMD evidence. If Pelosi and Reid had allowed the impeachment of Bush and Cheney his minions wouldn’t be bold enough to fabricate the evidence needed for the bailout the way they fabricated Iraq’s WMD evidence.

]]> By: The Republic of Stupidity http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-2/#comment-5249454 The Republic of Stupidity Thu, 25 Sep 2008 16:14:49 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249454 $700BB... $700BBB... prolly just about enough to buy the ENTIRE FREAKIN' COUNTRY of Paraguay, huh? $700BB… $700BBB… prolly just about enough to buy the ENTIRE FREAKIN’ COUNTRY of Paraguay, huh?

]]> By: texaslady http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-2/#comment-5249436 texaslady Thu, 25 Sep 2008 16:08:23 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249436 Ok we are told that this government will be buying stocks in failing companies, hoping the stocks revive, and will be able to pay back our Treasury. How much would be left after repaying interest and loan from probably China to return to our Treasury ? History has shown administrations NEVER repay the departments they borrow from, ie. Social Security. People this 700B is gone once they decide so kiss it goodby. Ok we are told that this government will be buying stocks in failing companies, hoping the stocks revive, and will be able to pay back our Treasury. How much would be left after repaying interest and loan from probably China to return to our Treasury ? History has shown administrations NEVER repay the departments they borrow from, ie. Social Security. People this 700B is gone once they decide so kiss it goodby.

]]> By: DaTruth http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-2/#comment-5249426 DaTruth Thu, 25 Sep 2008 16:04:19 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249426 Three stages of the Idiot and his attitude towards the economy : 1st stage : economy? what economy? 2nd stage : the economy is sound and strong(2 or 3 months back) 3rd stage : bailout or bust "...without a bailout the economy is in serious trouble..." WoW! We've come a long way, haven't we GW? Three stages of the Idiot and his attitude towards the economy :

1st stage : economy? what economy?

2nd stage : the economy is sound and strong(2 or 3 months back)

3rd stage : bailout or bust “…without a bailout the economy is in serious trouble…”

WoW! We’ve come a long way, haven’t we GW?

]]> By: Gregor Samsa http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-1/#comment-5249392 Gregor Samsa Thu, 25 Sep 2008 15:56:18 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249392 Cats r Flyfishn Says: <i>Last night in his speech, Bush blamed this disaster on Bill Clinton when he said that it all started 10 years ago.</i> Let's say, forthe sake of the argument, that that is true. Pres Bush had 8 loong years to fix it. Did he? Of course not. What did he do instead? Enact tax cuts for the rich. And now he wants us -you know, us "whiners"- to bail out his deep-pocketed friends. And I thought they were wealthy thanks to their superior intellect and better work ethics. If they are so godamn smart and hard-working, let them pull themselves out of the hole they put themselves in, in the first place. Heckuvajob, Georgie.... Cats r Flyfishn Says: Last night in his speech, Bush blamed this disaster on Bill Clinton when he said that it all started 10 years ago.

Let’s say, forthe sake of the argument, that that is true.

Pres Bush had 8 loong years to fix it. Did he? Of course not. What did he do instead? Enact tax cuts for the rich. And now he wants us -you know, us “whiners”- to bail out his deep-pocketed friends. And I thought they were wealthy thanks to their superior intellect and better work ethics.

If they are so godamn smart and hard-working, let them pull themselves out of the hole they put themselves in, in the first place.

Heckuvajob, Georgie….

]]> By: texaslady http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-1/#comment-5249390 texaslady Thu, 25 Sep 2008 15:55:04 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249390 Bush not only blamed the crisis on Clinton but the homeowners that bought houses they couldn't afford. How about the commercial developers that are wanting handouts ? One of the first bailouts was for The Carlyle Group, first at the money train. And lets not forget the 262 page addendum silently added to a Bill in Dec 2000 by Phil Gramm for deregulation of banking. Isn't anyone else sick of this excuse of a President blaming every and anyone for HIS decisions ? Bush not only blamed the crisis on Clinton but the homeowners that bought houses they couldn’t afford. How about the commercial developers that are wanting handouts ? One of the first bailouts was for The Carlyle Group, first at the money train. And lets not forget the 262 page addendum silently added to a Bill in Dec 2000 by Phil Gramm for deregulation of banking. Isn’t anyone else sick of this excuse of a President blaming every and anyone for HIS decisions ?

]]> By: Doc Rock http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-1/#comment-5249378 Doc Rock Thu, 25 Sep 2008 15:52:35 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249378 Even if a lot were to come back--that's not good enough. We assume all the risk, the reward should be comparable. We want ownership equity in the companies that require help. Even if a lot were to come back–that’s not good enough. We assume all the risk, the reward should be comparable. We want ownership equity in the companies that require help.

]]> By: Doc Rock http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-1/#comment-5249370 Doc Rock Thu, 25 Sep 2008 15:49:48 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249370 I remember being in a class on foreign policy representing my agency and we had a speaker representing the Reagan administration which was in office at the time come and talk about how great deficit spending and trickle down was and that we didn't need to worry about balancing budgets! They were sent out everywhere in the government to pimp for Reaganomics--deficits, tax cutting, trickle down. It didn't work then. It didn't work during Bush I. And it is killing us now. McCain has long been part of the trickle down, deregulate cabal. No bailout--trickle up! I remember being in a class on foreign policy representing my agency and we had a speaker representing the Reagan administration which was in office at the time come and talk about how great deficit spending and trickle down was and that we didn’t need to worry about balancing budgets! They were sent out everywhere in the government to pimp for Reaganomics–deficits, tax cutting, trickle down. It didn’t work then. It didn’t work during Bush I. And it is killing us now. McCain has long been part of the trickle down, deregulate cabal.

No bailout–trickle up!

]]> By: Clumberfeet http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-1/#comment-5249366 Clumberfeet Thu, 25 Sep 2008 15:47:44 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249366 "... American taxpayers should expect to recover much, if not all, of the proposed $700 billion." And the monthly payment on your adjustable rate mortgage 'could' go down. “… American taxpayers should expect to recover much, if not all, of the proposed $700 billion.”

And the monthly payment on your adjustable rate mortgage ‘could’ go down.

]]> By: paleolib http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-1/#comment-5249364 paleolib Thu, 25 Sep 2008 15:46:58 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249364 While the comatose media seems to have awakened enough the past two weeks to at least call BS on some of the more egregious nonsense it is strangely comforting to see that the BushBots can still go on Fox "News" and lie without challenge. I even heard auxiliary Fox talking head Juan Williams on NPR this morning claim that the Palin pick was a gamble that paid off for McCain. Either Juan didn't see the footage of the snowbilly getting faced by Katie freaking Couric last night or he gets paid by the lie no matter with broadcast outlet he is on. While the comatose media seems to have awakened enough the past two weeks to at least call BS on some of the more egregious nonsense it is strangely comforting to see that the BushBots can still go on Fox “News” and lie without challenge. I even heard auxiliary Fox talking head Juan Williams on NPR this morning claim that the Palin pick was a gamble that paid off for McCain. Either Juan didn’t see the footage of the snowbilly getting faced by Katie freaking Couric last night or he gets paid by the lie no matter with broadcast outlet he is on.

]]> By: Doc Rock http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-1/#comment-5249358 Doc Rock Thu, 25 Sep 2008 15:44:53 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249358 Put the money in at the bottom of the economy by bailing out home owners in trouble and making reasonable fixed rate loans available and the money will filter all the way up the economic chain to the top by capillary action--trickle down has never worked, we need capillary up! Put the money in at the bottom of the economy by bailing out home owners in trouble and making reasonable fixed rate loans available and the money will filter all the way up the economic chain to the top by capillary action–trickle down has never worked, we need capillary up!

]]> By: Cats r Flyfishn http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-1/#comment-5249356 Cats r Flyfishn Thu, 25 Sep 2008 15:44:03 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249356 Last night in his speech, Bush blamed this disaster on Bill Clinton when he said that it all started 10 years ago. This problem started during Mr Deregulation, Ronald Reagan's term. These Republicans never want to take responsibility for their poor decisions. Always blaming others. Last night in his speech, Bush blamed this disaster on Bill Clinton when he said that it all started 10 years ago. This problem started during Mr Deregulation, Ronald Reagan’s term. These Republicans never want to take responsibility for their poor decisions. Always blaming others.

]]> By: Cats r Flyfishn http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-1/#comment-5249350 Cats r Flyfishn Thu, 25 Sep 2008 15:41:23 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249350 I don't want just most of it coming back, I want ALL of it coming back along with interest to the taxpayers. I don’t want just most of it coming back, I want ALL of it coming back along with interest to the taxpayers.

]]> By: VerbalKint http://thinkprogress.org/2008/09/25/bailout-payback/comment-page-1/#comment-5249348 VerbalKint Thu, 25 Sep 2008 15:41:19 +0000 http://thinkprogress.org/2008/09/25/bailout-payback/#comment-5249348 Bush's supporters share something in common with Bush himself: an inability to learn from past experience. Bush’s supporters share something in common with Bush himself: an inability to learn from past experience.

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