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Stock market bailout?

Hold on, wait just a minute! Say what? Ok So I will be the first to admit I know nothing about the stock market or how it works or operates. But I keep hearing that the tax payers are the ones that are bailing these companies out. Why? I just paid all my debt off, I'm currently debt free and I still can hardly get by! no one helped me out of my debt why should we as tax payers take one some massive companies debt and not be repaid or see a profit from it ourselves? I didn't agree to help them out, and now I'm being forced to? why doesn't someone help all the avage american people that are losing their homes or are struggling to put food on the table! Why are we doing this? can someone help me understand why this is a good idea? Why should they not be held liable for their own mistakes just like the rest of us? If I owned a small personal Business I 'm sure they wouldn't be bailing me out! This is getting out of hand. No one can afford just the basic things anymore; gas, food, homes. I went to the store yesterday and only got things I needed and have to have like everyone else. I got towel paper, toilet paper, dish soap, laundry detergent, dishwasher soap, a bottle of 409, diapers, and baby wipes. $109!!!! what? when did that happen? I couldn't believe it! And when did it start coasting over $200 to buy grocery to feed a family of 4 for 7 days! 6 years ago I could get to buggys full of food for under $200 but now that same $200 gets me half a buggy! is all this related? whats going on? I make more now, I have no dibet but I'm in the hole more now than I'e ever been. is all this related to the stock market or not? why do we have to bail these companys out? I can't afford to pay more taxes is that what's going to happen? I'm sure my social secuity will be used to pay for it, or has already been spent on something else. If social security isn't around when I get to that age, but the cost of living stays this ways how can any of us save for or future? we all can't work till the day we die. where will we get money for our retuirment?

Public Comments

1. It's a credit market bailout, not a stock market bailout.
2. You have made some very good points: Helping the US banks is necessary to preserve highly paid jobs and to prevent the situation getting worse for every body else. But what is terrible is that the senior people in finance, whose greed and incompetence caused all this, are getting compensated with huge bonuses for termination of their contracts etc. As for the high cost of living and hardship ordinary people are suffering, successive US presidents have been embarking on constant wars, pouring money to sustain corrupt rulers and hugely expensive armaments, for what? It costs $2million for one missile fired from the air against a car below. The Iraqi war has already cost $300 billion. Who do you think pays for them? It feels nice to be the big tough guy in the world, but you have to pay for it.
3. You have some very good points. In the past, they would just let banks fail. The problem here is the biggest banks failed. I am not for this bailout, and it is no one persons fault. This all hit us so fast and hard, I don't agree with passing this bill this week. Bush and Bernacki and Paulson have recommended a fast approval. The numbers are HUGE! We have a democratic congress. They are the only ones who can pass or reject this bill. Hopefully the balance of powers will prevail. OR, just maybe it is a crisis, and they know more than you and me.