So how many of you have ACTUALLY read the proposed BAILOUT legislation?

[hey560]

I'd especially like to know from the ones with such strong opinions against it ...

All you fundamentalist idealogues need to take a deep breath and look around you. Reality sucks and comprimises need to happen.

This is CRISIS has a silver lining for progressives. It sheds light on the failure of deregulation.

[Tallison]

1. Read it and am for it n/t

[Junkdrawer]

2. Read it. Against it. Bye bye Healthcare Reform, Infrastructure Repair and Alternate Energy...

"when she got there, the cupboard was bare..."

[WeDidIt]

6. You do realize that every bailout done in the past

has resulted in the money being paid back, don't you?

[Junkdrawer]

9. This one buys bad credit card debt, Betcha it won't make money. n/t

[ginnyinWI]

3. Although college-educated, I don't feel qualified to judge

something on Economics. I've tried to follow it and it's still a muddle to me. So I'm leaving it to our Dems.

[LanternWaste]

5. You and me both...

"I don't feel qualified to judge"

Two semesters of econ 1301 didn't allow me the knowledge to understand (with the necessary precision and relevance) the how's, why's, who's, and what's of something with this many zeroes in front of it.

This is one of those issues that I simply have to defer to those with a better understanding of it and have the faith that they act on our best interests.

[ginnyinWI]

8. I never took any Econ--lol

So you can see where I'm at. English major, Psych minor.

[Eric J in MN]

4. I've read it.

It allows no-bid contracts.

It's based on the government spending billions for Wall Street's worst products.

It doesn't have a cap on executive pay.

Congress shouldn't pass it.

[uppityperson]

7. The crisis sheds light on the failure of deregulation. Have YOU read the legislation?

I haven't read the 100+ pages, just the synopsis. While the crisis shes light on the failure of deregulation, I think time needs to be spent figuring out how to fix the problem, not get we individuals so much further in debt because Something must be Done Now! Soon, yes, and have it be a good fix, not a quick bandaid.