Who is the biggest loser in the wake of the bailout?

[leftofthedial]

who is the biggest winner?

please be specific.

[TheKentuckian]

1. Biggest loser-The Republican Brand

They need to own this, not so much for the bill but for creating the situation that caused it.

The winner-probably no one but possibly the people responsible in the short term but I suspect they'll take the biggest blow...the end of their unchecked "party".

[leftofthedial]

9. do you think the blame will stick?

[Locut0s]

2. Biggest Looser: those who will loose their homes to foreclosure Biggest Winner: Wall Street CEOs

[leftofthedial]

10. I agree, although

I'd say the entire financial industry (banking, insurance, mortgages, commercial banks, investment banks, etc.), not just Wall Street. This will make their big party under ronnie raygun after the S&L scam look like a sunday school picnic.

[El Pinko]

3. The biggest loser is the American people, who will become further impoverished by it.

Generations from now, America will still be a third-world cesspool because of post-Reagan economic policy, with this bill as the topper, the straw that broke the camel's back.

The biggest winner will be the financiers and Wall Street tycoons, who will abscond to their Caribbean hideaways once the country falls into chaos and squalor.

[Irish Girl]

4. The biggest loser I would say is the working class.

The purchasing power of our dollars will take an enormous hit even as we subsidize their crimes. The biggest winners will be the wealthy bankers and the government officials at the top (whoever has their finger in the pie in the first few tiers), before the new money finally trickles down to the working class as severe inflation.

[judasdisney]

12. B - I - N - G - O

[ThePowerofWill]

17. There ya go!

Hyperinflation here we come! I wonder how good this bailout will look when your paycheck has half of it's present purchasing power.

[leftofthedial]

20. yep.

I guess we know who those we worked so hard to elect to Congress really represent.

And it ain't us.

[dailykoff]

5. US taxpayer.

Reamed up the yin yang, as usual. :mad:

[TexasObserver]

6. John McCain. He voted for it, with ten times the pork as all the earmarks.

He proved to his base he can't be trusted.

He looked stupid throughout.

He's the big loser, because it hurts him with his base, and he's lost his ability to say convincingly "I will veto them, and you will know their names!"

[HopeforChange]

7. Our Children

[depakid]

8. Lehman Brothers, their shareholders and certain accountholders

Washington Mutual didn't make out too well, either...

[fasttense]

11. Goldman Sachs is the biggest winner.

Paulson is not going to ignore his former corporation and his current assets. He's going to give them as much of our tax dollars as he possible can.

The American worker is the biggest loser. With ever dwindling American jobs, the worker is looking at Depression era survival tactics. All the US has remaining are McJobs and they pay so little that people will be starving and families will be breaking up in order to survive.

In January 1930, the U.S. Census reported a population of nearly 123 million. On January 7, 1931, The President’s Emergency Committee reported that the number of unemployed was nearly five million. On January 22, 1932, the Reconstruction Finance Corporation was established to stimulate banking and business. Unemployment in 1932 reached twelve million workers.

In 1930, during the last Republicon Great Depression, the unemployment rate was calculated by the President's team at about 4.1%. Two years later it was estimated at about 9.8%.

Today the Labor Department estimates unemployment at 6.1% but if you add in the long term unemployed, those people who have been looking for a job for over a year, and the number jumps to over 11%.

Don't believe the hype. We are at depression era unemployment levels.

Thanks Republicons.

http://millercenter.org/academic/americanpresident/keyevents/hoover
http://americasbesthistory.home.att.net/abhtimeline1930.html

[depakid]

13. "Don't believe the hype. We are at depression era unemployment levels." ???

At the height of the Great Depression, ne in four Americans who wanted to work was unable to find a job.

http://ingrimayne.com/econ/EconomicCatastrophe/GreatDepression.html

[DailyGrind51]

14. Just look in the mirror, "we" ALL are!

[sugarraydodge]

15. No winners

Nobody wins, except for maybe Nancy Pelosi (in her mind.) We all lost big-time. We are all big-time losers. 850 Billion of our dollars just got flung into the fire.

[earth mom]

16. The middle class, working class, working poor & poor.

:argh:

[annabanana]

18. People on fixed incomes lose most

There will be an increase in the rate of inflation.
Seriously. How much change from a $20 for a gallon of milk and a loaf of bread is "OK"?

I'm already at $13.74 . . Is that specific enough for you?

[annabanana]

19. kick . . . . n/t