[Vision2020] Why are we bailing out all these largecorporations?

[lfalen]

Chuck
When did you graduate from Marsing? Were you behind Cosin Judy and Jenifer Barrett? On the bail out.
I would say it started with Wilson. I would leave Truman and Kennedy out of it. Nixon and Ford might  be included. 
The current mess is basicity the result of loans to people who reasonably could not pay them back. This was encouraged by Clinton. How to get out of it is a major problem that will efect everyone. The plan presented By Senator Dodd may have some merit. I think that restrictions on executive compensation is warranted. There should also be some oversight on potential loan to people who can not pay for them. I do not like the idea of partial government ownership. I would rather they were in the form of loans that eventually would be repaid as in the chrysler bail out.
Roger
-----Original message-----
From: "Chuck Kovis" ckovis at turbonet.com
Date: Mon, 22 Sep 2008 12:46:25 -0700
To: "Vision2020" vision2020 at moscow.com
Subject: Re: [Vision2020] Why are we bailing out all these largecorporations?

> Roger, as one former Marsing High School graduate to another, let me see if 
> I got this right:
> 
> Some poor S.O.B. who couldn't pay his loan back in 1977 to 1981 is 
> responsible for the whole American financial system coming apart at the 
> seams in 2008. Why Halleluiah!!  And to think that I thought it started with 
> FDR and Truman, skipped Eisenhower, continued with Kennedy and Johnson, 
> skipped Nixon and Ford, continued with Carter, skipped Raygun, skipped Bush 
> Sr., continued with Clinton and skipped Bush Jr.  NOW the choice 
> becomes -----ta-da---- should we allow it to skip McCain or continue with 
> that Black Anti-Christ Muslim wealth re-distributing Obama?  Enquiring minds 
> want to know. By the way, I ain't holding my breath.   Chuck Kovis 
> 
> 
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