Simon, I agree. Its a mess that responsible Americans did not create. It was created by irresponsible lenders and people who had no business making a home purchase.

The sad thing Simon is that it will be back to business as usual because no real changes will ever be made. This bail out will be like putting a bandaid on an amputated limb.

The bailout is a great way for Henry Paulson to recover his recent, nearly $300 million loss from Goldman Sachs stock.  Paulson is trying to sell the country on the idea that we have a cash shortage (and he's done a pretty good job).  However, it reminds me that we had a rice shortage a few months ago, almost every recent year we've had a flu shot shortage, etc. - the only real shortages at the moment are apparently with gas stations in the south running out of fuel.

Simon- I was very dissapointed, a 128 page report turned into over 400 pages. Dangling goodies, candies and carrots in from of both parties, here, horsey, horsy, here, doggie, doggie, vote yes to your special interests! And screw the American people. The sky is falling is a bunch of #$&^.

All they had to do was to suspend market to market valuations and cut the capital gains tax. So simple, yet they do not know how to do anything that is simple or practical.

And who but Chris Dodd, gets to be on the committee!!!!! He should be indicted. I am mad as heck.

Simon,

I told you awhile back when you posted on your blog about the bailout, "Bend over and welcome to the good ole US of A"...................I was hoping that wouldn't end up being true but as you well know, our government just screwed you, me and everyone we know.  They seem to forgot "who" they work for.  It's like the government is your employee and they come to work and tell you what the hell to do and spend your money on everyday and at the end of the month you pay that employee for bossing you around all month. Makes no damn sense at all. I'M PISSED!!!!!!!!!!!!!!!!!!

Simon - I have to take this one step further - they were not encouraging subprime loans, they were mandating it! When is someone going to stand up and say "Credit is not a civil right" - there, I just did..

Simon,

I was also surprised that our Democrat congressman (Kent Conrad) voted against it until I heard why, He feels we need more regulation on Wall Street. Isn't that typical, more regulation where it is not needed just to divert blame from congress where it belongs.

Bob Timm, Minot ND

This "stimulus package" should just give $415,000 to every cognizant adult over the age of 18.  That'd be fine as well!  Even if they are homeless....

Hey Simon,

I agree with you Simon. I do not need to bailed out. And if I did, I would bail myself out. I have been doing it since I was a kid. It just takes work.

Again, having a group of people (Congress) trying to fix a problem that thye created makes no sense whatsoever.

markets are negative bcz we are far from passage.  it has to go back to the HOR now .  the same bill has to be approved from bouth houses to become a bill... identical.

chris the implementer

Simon ~ I am featuring this post because I feel this is exactly what we are doing. And it doesn't feel good!

I agree with you! Things really need to start changing.

Simon if you could have heard the calls to C-Span after the debate tonight you would have listened to caller after caller say they were not supporting either candidate and they were fed up with all the BS coming out of Washington from both parties.  Most of them voiced their disgust about the goverment putting the screws to the tax payers with all these bailouts for the Golden Parachute criminals.  

Personally I thought Palin knocked another home run.  She said she would clean up the corruption in Washington and Biden never said anything relating to that topic.  I am sure the liberal media will proclaim a Biden Victory. LOL  Funny thing is that most of the calls were either voting for McCain-Palin or voting for an independent. 

Palin is our only hope for change in my opinion.