It's an Outrage! From Main St. to Congress, Bailout Proposal Falls Flat

Paulso and Ben just want to do one thing only, saving greedy wall street of their accomplices at any costs to the taxpayers and to the interests of this great nation, even if their plan will eventually drive this country into bankruptcy, which is something that terrorists want to accomplish but are unable to. How could our Treasury and FED would place interests of wall street firms on the top of the nation?

How about this as a solution. Distribute the 700 billion dollas to the tax payers as a rebate. Each tax payers can then decide whether they want to bailout the banks but donating their rebate. Its the tax payer's money so let the tax payer decide. Its the only democratic way.

NO BAILOUTS!!! Paulson and Bernacke are spreading phony threats. This whole thing is to protect the greedy billionaires' fortunes at the expense of the taxpayers and the country's future. It's Bush's farewell money gift to his friends.

bend over

I am so tired of everything being negative. There is never any good news, just bad.I can't even watch the market anymore. I give up, what happens-happens.2008 is one bad year.

I agree with the outrage on saving the real estate market. No way! So many citizen did the right thing: save and rent, while they could not afford inflated homes. If the proposal keeps home prices from falling, we just make everyone pay for the guilty. Banks should never have loaned to people who could not afford, who were irresponsible for pumping what was an obvious bubble. At some point the majority of the population can no longer afford a house. We are there. The market needs to correct on the way down. Don't make everyone pay for a natural correction that will happen sooner or later, please!

Anybody have any idea as to what might happen if we don't do the bailout....it will get much worse. This needs to be passed right away. all the taxpayers are already on the hook!! HELLO...where have you guys been!!!!

it's useless to post anything. the gov't doesn't care about the middle class working person. all we get is the shaft when things go wrong. for us to suffer for the greed that has happened is unthinkable. there should not even be talk of a bail out by the gov't. they were not watching or aware of anything when things started going downhill , what makes it believable that the gov't can solve this problem now? if these businesses cannot handle their funds in a responsible manner, they deserve to go out of business. no one has even mentioned the salaries these ceos are receiving and severance packages. and has anyone been brought up on charges and actually had to pay financially for their greed in these situations. anyway to sum it up... ordinary citizens should not be liable in any way for the mess this country is in!

To thoe who say and like no to Bail-out.....be prepare to be unemployed and recession. Let see from this experiment of having no...You and I will end up in the Army of Unemployed once the economic slow down bite............That the end game.........It will take effect on New Year 2009.......That it sure to happen......

Let the open market rule. You made your bed (lie in it) My money is so tight right now that it screams every time I open my wallet. Paulson realy has some nerve. That six hundred dollar check, of which I've never recieved was just a hand out to make this OK. I don't think so. If the banks & Investment co were makeing Billions they would not share it with me or you. So why should we share tax payer money with them over there bad decisions. Don't be bullied with these scare tactics. I promise you the sun will rise in the morning. This should not affect it. If the market does crash and finanical have a bad go of it, Maybe prices of everything from food , gas, cars realestate etc will all reseed. I'm like Paulson Maybe Maybe Maybe. Prices are so out of line that your Paycheck won' t buy you the time of Day. We can't afford to get taxed for the banks mistakes. The sun will rise tomorrow no matter what happens.

I think Paulso and Ben have no clue on 700 B. How did they even come up with such a figure? They have no answer for it. Just save few big firms, they are getting ready to sacrifice entire nation. No one should let this proposal pass thru. Let the market correct itself. Fixing the market by applying patches is nothing but making is even worse.

Since when is Sweden a model for capitalism? In Sweden, you go to the post office to do your banking. Is this a joke?

No bailout. The oppurtunity for theft, fraud, abuse is giving a government agency autonomy to decide when, to whom, and for how much to sell 700B in assets is way to great.

No way, no how. Let the market fall on its behind so we can all learn a lesson the hard way. That is the only right way.

In the end government will own everything, just like they do in social-imperialist countries!

They're just trying to keep the stock market propped up til the elections. They sound like a used car saleman, hurry before it's too late. Let the market correct, say goodbye to the greedy wall street players, and eventually will get back to normal with a lesson learned. I'm sure they'll extend the short sell rule til after the election too. How transparent is this?

How dumb can "main street" be? This plan is ESSENTIAL to saving the entire global economy. This plan will cost taxpayers at the very most about $2,000 per person (if they use all 700 billion and every single asset they buy becomes worthless). Do you mean to tell me that people would rather have a depression (where they could lose their entire life savings) rather than risk $2,000?

The taxpayers have been living above their means for the last few years and you want to distribute the 700 billion to these irresponsible spend thrifts!!! They are part of the reason we are in this situation. It's not all Wall street's fault. Consumers tapped the equity in their houses and spent it on new cars, new clothes...thinggs they couldn't otherwise afford. The greed did not stop on Wallstreet...it spread to main street. If this plan has a chance of stabilizing the country's or even global economy and it is going to cost each taxpayer 6k , I'll write my check right now because I know that it could get a hell of a lot worse!!!1

Let the market crash and the transfer of wealth begain again. The real problem is the money is not flowing with in the USA. It has been flowing out of this country for years and a market crash would let the money flow back into the USA.

Congress is rightly skeptical. They talked about executive compensation as having to be part of any approved plan. They are already worried about preventing the taxpayers from allowing the greedy rich who got us into this in the first place from getting even richer. We should all be worried about this. No bailout - we don't have to worry about abuse,fraud,theft if they never get the money in the 1st place.