Deep down inside you, do you feel like this $700 billion deal is a good thing? Really?

The more more money our goverment makes, the less our money is worth. How is this a good thing? And then there is always the question of where the money that disappeared went. There are some seriously dirty people heading up the whitehouse, and we are just going to keep making sickly large amounts of money for them to play with?

WHat will OBAMA do with the money? send it to bunch of car dealership like FORD and CHevy ? The only reason why the ecomony in bad shape because BANKS got greedy when people buy houses and mortages like fix, which is flat lined and banks cant change that price or it will go to court.. but people who got the other plan that is called ARM..adujustable Rate mortage... and banks said that is the cheaper way, so idoits will buy that plan it would be like.. 400$ for example, okay well, the fix is 550$ to say, okay.. then the bank decide to go up the price because it a adujustable, so then the price go up to 750$.. wow okay the next months it will be 900$, well the fix is only 550$... then people in the ARM get foreclouser,, they dont have a house, a car, everything because of the bank. so then they cant pay for anything so the economny went down and worse and worse and WORSe, but my questions is what will the car ship dealers do with the money this time? Last time the car ship dealers had the money, they brought a JET airplane and flew to FRANCE for a vacation.

Being far less than a useless war in Iraq has already cost us, YES, I know how this will build new infrastructure, get the US off oil and coal, and improve the country. My husband is in training to install solar heated hot water systems in existing homes and more along those lines.

I agree with you.

It's a waste of money.

We need less Federal government involvement, not more.

I'm not informed enough about this issue to have any deep-down feelings about it. I'm also not very worried about the economy. I've worked hard all my life, and I figure that if the sky is still above, and the earth still below, and I have my wits, my health, and two hands to work with, I'll always survive. Sometimes we just need to simplify.

It may be, when it'll be used wisely. But I don't think, banks should get it. That 700 billions should be more used like a guarrant for companies, so that they could keep the business running. More like short-term low-rate loans just for urgent needs. But not for keeping some stupid investment-funds alive and certainly not for paying a huge bonuses for investmentbankers. The message should be clear - sorry yuppies, your time is over. You were overpayed and now the situation is changed. Yeah, but usage of that money should be 110% transparent and checked and doubble-checked.

It won't work, won't be enough...with socialists...it never is enough.

i am not sure because if this happen then what happen next? our ecomic isn't good shape

No, I don't think it's a good thing...and honestly, every time I see Obama on tv, deep down inside I get very frightened. I feel like the man is nothing more than an old-time snake oil salesman, and this whole bail-out package is an example of what an old traveling snake oil salesman would be selling. What makes me extremely nervous about his $700 billion dollar proposal is that most of this money is coming from China and some other terrorist countries, so what happens when we are forever indebted to these crazy people? These terrorists could show up here to take over at any time, claiming we "owe" them - they could show up and take over the United States, making us a military state in a heartbeat with enough of the right motivation to back them up. I know that may sound over the top, or far fetched, but these are the people who killed thosands of our citizens on 9-11 that we are borrowing money from - don't forget that!! China is also a communist country, and they'd like nothing more than to take us down - they are strengthening their military every day, and they already think Americans are stupid. They say we are devaluing our dollar every day, and that works in their favor as it is. So how is that helping us? The other thing that makes me horribly scared for the future is this: this $700 billion dollar bail-out proposal, I heard on the news the other day, adds up to us paying back a total of a million dollars a year for the next 70 thousand years. Where the hell are we supposed to get that kind of money??? How are we supposed to ever get out of that kind of debt as a nation? Where is Obama's ******* plan for that? I just don't think he know's what he's doing any more than anyone else.

I'd like to know if you detractors of the Stimulus Package had problems with the $700 billion last year to purchase distressed assets, mortgage-backed securities, and make capital injections into banks and bail out Wall Street while the CEO's all made deposits into their personal accounts in the form of "bonuses? How about the $3 trillion (that's right, I said TRILLION) on a failed war in Iraq? I seem to remember our Soldiers and Marines didn't have the proper equipment, armor and such to protect themselves?
Or how about the $12 billion in US currency (That was actual CASH, bundled and piled on pallets, my friends) that was sent to Iraq, which at least $9 billion had gone missing, totally unaccounted for due to absolute mismanagement and greed? Where's the outrage for these expenditures? HUH?
Now, about SOCIALISM! What is socialism? Socialism is
"A social system in which the means of producing and distributing goods are owned collectively and political power is exercised by the whole community." As my friend said the other day, anyone who can't understand that definition can probably find a copy of "Socialism for Dummies" at Books-a-Million.
So you're scared for the future of our country with a $700 billion bail out package to help make jobs for people to work, help small businesses, help middle class working people and rebuild our nations infrastructure??? Now, I'm not saying $700 billion is not a lot of money but it is a drop in the bucket compared to the numbers above to include the Big 3 bailout, not counting the money the Military Industrial Complex has made off the US Government (Yes, the Pentagon's and Uncle Sam's teat!) these past 8 years. Geez, you people..................... Really!

It's only money. Freedom isn't free.

Yes - the economy can't survive without banks. Along as the money is spent correctly to provide help to the users of banks - small business etc, it is a good thing.

The banks system is changing though. Just like an accounting system was put in after the great depression, the accounting system for banks will change again.

In the UK, the government has nationalised Northern Rock. Instead of the gov relying on the banks to pass savings to the customer, they should ulitise Northern Rock.

Ultimately, it isn't about how much money is spent, its about how effectively and efficiently the money is spent.

After much research, I have come to the conclusion that we are headed in the right direction with the 700 billion dollar deal. I have faith in Obama and the team that is working for him!!!!!!!!!!