I however do not live well or come from a rich family. I am so worried about my little brother and sister (17 and 18 years old)… I cannot fucking describe how scared I am for them. We barely made it as it is now. Many times I worried, literally that my little brother would starve to death because he was/is so skinny and didn’t have any food. especially in MA where we live which is taxed to holy hell. It is true we have to work so much and then the media gives us so many distractions and I think our spirit is beat down and we feel like no-one cares and we can’t make a difference. Not to mention there are alot of dumbasses. People get together and picket for smaller things, like a new Walmart store, or their local Starbucks closing down, why the hell not this?? Please God why the hell not this?
The federal reserve bank is privately owned anyways and whether or not you believe we should pay taxes if its not written in the constitution, if anyone should bail America out, it shouldn’t be the working class being bled to death, when apparently that’s the problem.
We are being bled to fkn death.
the working class for the most part is being underpaid, given poor benefits, no vacations,good jobs are going overseas where the labor laws are even worse because they’re deadly. There are countries with oil funds half what Bushes relief plan is who have the top standard of living in the world. With 350 billion dollars you could be Norway.

Bush basically made it so no matter who wins this upcoming election be it Obama or what.. they could not possibly save the citizens of the United States from the most unbelievable tyranny in history.

God save us.

The past several years of doing nothing to help the middle class survive is finally starting to hit and its hitting the large corporations. We ourselves have been struggling for well over a year now with no end in site. People are not traveling as they used to and they are not willing to pay when they do. Its simple they cant afford it.

The city trash and water and sewer, commercial electric,commercial phone lines and commercial cable all charge extra for the same services. Top that off with a huge mortgage and almost every single call looking for a huge discount on rooms or services. 10% wont even start to interest people any more. Add in struggling banks that are having no mercy, and what do you think is going to happen to business around the country.

The 700 billion bailout will help the banks, they can then sell the “bad” mortgages to investors and let the investors deal with the foreclosures. This is an interesting plan. Instead of helping the soon to be majority of Americans that are loosing their homes, the plan is to help the banking industry so the banks no longer have to worry about the people that they were servicing, (not that they did before but that would be a nice concept)
in the end with a 30% increase in forclosures this year alone and last years foreclosures were huge, almost half of the country is in financial trouble nothing is being done to help the hard working people of America, their lives have been destroyed because of the economy, and most of them will become homeless. This is shameful!!Nothing at all is being done for people that have lost everything. Imagine a America with 50% or more of the country homeless, thats not a pretty picture.

This is not helped with most of America having a general consensus that people when they go bankrupt they somehow come out ahead, when in fact they loose everything and their life investments in most cases.

We need to understand what is truly going on and the current plan is to have the tax payers support the 700 billion dollar bail out. I find this amusing since most of America will be homeless with the current plan where will the tax dollars be coming from.

What ever happened to America that if you worked hard you could succeed, and where is our country to help the middle class when the middle class has supported America forever. Hard working people loosing everything should never have been allowed in America, and should not be allowed in the future. Quite frankly its shameful.

So not every finacial intitution is in jeopardy it is only the ones who took advantage of ignorant consumers. The type of loans that eventually became bad assets were loans that couldn’t be afforded by the consumer aquiring the loan. It is the responsibility of the finacial institution to determine whether the loan could be repaid. But they got greedy deciding they could get the loan and then Passing the Buck persay on to another finacial institution.

If your were told you could barrow money at a really nice rate, and then it would have the possibility of going beyond your means of repaying would 400,000 people have all agreed to receive a loan knowing that everything spent from the time of purchase and on would be lost once you counldn’t afford it anymore.

I have been helping a friend of mine, and has one of these loans. He had specifically asked for a fixed rate, but his sister had to be assigned a power of attorney in his stead. He was working in Los angeles and trying to purchase a home in Arkansas well the Bank kept changing the closing date,the day of closing, he could no longer fly out after the third occurance. He couldn’t quit his job, and come out until he closed on the house. So the realter change the terms before his sister had signed. My friend didn’t know that the terms were changed until his loan changed rates, and his morgage jumped by a couple hundred dollars. That was the first year it jumped the second year as well, and has jumped the third year in a row. He is in the process of trying to save his home. After investing 42,000 dollars into it. The reason i used him as an example is where is his bailout plan?