by Jeremy Holter » Wed Oct 01, 2008 09:51 am
Perhaps the biggest fault of the bailout being debated (possibly passed by the time you read this) is that it is based on the idea that the relief given to Wall Street will trickle down to hard hit working class folks on Your Street.
Posted: Wed Oct 01, 2008 09:53 am Post Subject:
I'd say its an awesome idea, I don't know its feasibility though, but it sounds great.
Certainly the benefits of the bailout are yet to come out. And there are great amount of uncertainties and confusions amongst the masses about its benefits. But the idea of trickle up bailout sounds interesting. And also the results seem to be more feasible than the trickle down theory.
Posted: Wed Oct 01, 2008 09:54 am Post Subject:
:lol: you're probably right... :lol: :roll:
Posted: Wed Oct 01, 2008 11:02 am Post Subject:
I am undecided on this. I mean here we are bailing out some of the richest people in American while our friends family and others are losing their homes. Maybe some of them will want to cough up those massive bonuses and pays to help another fellow American? Ha! I doubt it.
I don't want to see a depression but I guess I get a little sick of Corporate America and thier crap. The people at Wallstreet overspeculated on the whole gas situation driving barrell prices up when in fact they had no reason to really go above $90 a barrell. That costs us how much? I read alot on these matters but usually need the WHOLE bottle of tylenol by the time I am done .
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