What an incredible time.
$700 BILLION?!?
I'm having a hard time believing this "bailout" is necessary now. Shouldn't we actually have a crash first? Don't get me wrong, I don't want a crash and hope it doesn't happen, but sheesh.
If we truly are on the verge of a crisis, should our congressional "leaders" be taking a break?
Can we stop the blame game until this is resolved? A true crisis calls for leadership, not fingerpointing, politicizing, posturing or campaigning.
I've already been paralyzed by the presidential campaign as far as posting here goes. I'm waiting to see how this bailout develops....
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ReplyDeleteRecently an insurance company nearly wind up....
A bank is nearly bankrupt......filing chapter 11 protection.
How it affect you? Did you buy insurance? Did you buy mini note or bonds?
Who fault?
They bailout trouble finance company, but they will not bail out your credit card bills……And the bill out of company is still not enough yet…….You got no choice, and no point pointing finger but you can prevent similar things from happen again……
The top management of the Public listed company ( belong to "public" ) salary should be tied a portion of it to the shares price ( IPO or ave 5 years ).... so when the shares price drop, it don't just penalise the investors, but those who don't take care of the company.....If this rule is pass on, without any need of further regulation, all industries ( as long as it is public listed ) will be self regulated......because the top management will be concern about their own pay check…… And they are still spend big money on hotel stay and luxury function……..
Meanwhile if company was being acquired, there will be a great movement in terms of staff……eventually staff suffer also.
Are you a partisan?
Sign a petition to your favourite president candidate, congress member, House of representative again and ask for their views to not just comment on this, and what regulations they are going to commit and implementation the regulation, I believe should vote for the one who come suggest good implementation and let’s see who back up, which don’t implement after just mentioning in the election campaign.....If you agree on my point, please share with many people as possible.... Finance and Media are the two only industries can shaken politics ( Maybe Hackers can ), please help to highlight also...
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