The leading source for credible citizen reporting

Report Your News
Take the tour...
Contributor Report

Government Bailouts of Car Companies and Banks!

By: katrenee57 send a private message
Washington : DC : USA | 5 months ago  
2 0
Views: 50

The United States government just does not "get it." All the politicians believe bailing out the auto makers and banks will help turn the ecconomy around. They do not seem to understand that it is the people of the US that will turn our ecconomy around. If they are going to bail out anything it should be the American public. Give the money to the people so they can pay off some debts, and in turn they will start buying cars and homes again. It makes more sense to help the people out so in turn we can help out the businesses. It is all well and good to help American businesses but let's not forget what makes this country so great. It is the American people that make this nation great not our government.

Here is a note to politicains: Try using the common sense that God gave you. Quit forwarding your own agenda!

  • Print
  • Share:
  • Share
  • Digg
  • Reddit
  • Facebook
  • Stumbleupon
READ MORE: government, bailout, politicains, ecconomy
More News From: Washington : DC : USA

Related Allvoices Contributions

News Stories
 
  • The Nation: $159 billion bailout loss predicted
    News Source: The Herald | 5 months ago
    The nonpartisan Congressional Budget Office estimates that taxpayers will lose about $159 billion from the government's bailouts of the financial and auto industries. While a massive figure, the CBO put the total cost of the bailouts at $356 billion...
  • Purchase process is set by U.S. for bank warrants
    News Source: Charlotte Observer Online | 5 months ago
    The Obama administration on Friday established its process for pricing billions of dollars worth of warrants that large banks must repurchase to exit the $700 billion bailout program. The Treasury Department said the banks will make the first offer...
  • Boston Globe: Treasury plans quick sale of bank securities
    News Source: Uinta County News | 5 months ago
    The Treasury plans to sell warrants obtained as part of the financial bailout quickly after banks repay government shares. Banks will have 15 days after retiring government stakes to propose a “fair market value’’ for the securities, the...
  • Air India seeks Rs.10,000-crore bailout
    News Source: The Hindustan Times | 5 months ago
    India's flag carrier Air India, which is struggling to cope with a cash crunch, will ask for a Rs.10,000-crore (about $2 billion) bailout package from the central government, a senior official said. Airline officials, who discussed the airline's...
  • Small Banks Not Shying From TARP
    News Source: Asian Wall Street Journal | 5 months ago
    Enterprise Bank has one office, three shareholders and $4 million in fresh capital from the U.S. government's Troubled Asset Relief Program. "That's not a bailout. That's being patriotic," said Chuck Leyh, president and chief executive of the Allison...
  • Congressional Budget Office lowers estimate of bailout costs to $159 ...
    News Source: Star Tribune | 5 months ago
    The nonpartisan Congressional Budget Office estimates that taxpayers will lose about $159 billion from the government's bailouts of the financial and auto industries. While a massive figure, the CBO put the total cost of the bailouts at $356 billion...
More Related Stories
Images
 >
 
Videos
 >
 
Post a Comment Comments: 1
  • Reply
    Posted By InspectorGadget InspectorGadget | 5 months ago
    It is the people who allow these companies to run. Corporations made these huge mistakes that led us to this situation, yet they get bailed out while the general consumer has to suffer. We don't need to fork over another check just so these greedy wall street jugglers can barbecue some more shrimp. I don't know if that makes sense...but you probably get my point.
    • Reported by katrenee57
    katrenee57

    Member Since Jun 25, 2009

    Subscribe to RSS feed

    Send a private message  send a private message

    View Profile

    Report Your News Got a similar story?
    Add it to the network!

    Or add related content to this report

    News Stories | Blogs | Images | Videos | Comments

    Cell phones Cell phones use report code: @3548948

    Most Popular Reports
    Most Viewed
    Most Commented

    Related Tweets

    Related Allvoices Reports

    Site Links

    Site Topics

    Contributions

    Help and Accounts

    Administrative


    Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

    © Allvoices, Inc 2008-2009. All rights reserved.