Comments on: Details of the $700 Billion Bailout Plan http://moneyning.com/money-news/details-700-billion-bailout-plan/ A personal finance blog where we share insights on carefully saving money, investing, early retirement, mortgages, stocks because the little things matter in achieving financial freedom! Sat, 21 Nov 2009 08:01:45 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: MoneyNing http://moneyning.com/money-news/details-700-billion-bailout-plan/comment-page-1/#comment-10341 MoneyNing Tue, 30 Sep 2008 16:23:33 +0000 http://moneyning.com/?p=1397#comment-10341 Aaron: I absolutely don't think it's fair for us to bailout the financial institutions that made so much money off us in the last few years but I support it because if the housing market keeps worsening, we are in serious, serious trouble as no one will lend money to other businesses and many of them will fall, causing job losses and an even bigger downward spiral. Dave: Great info! Thanks so much for the links! Dividend Growth Investor: Get a big enough boat and I might join ya! :) Aaron: I absolutely don’t think it’s fair for us to bailout the financial institutions that made so much money off us in the last few years but I support it because if the housing market keeps worsening, we are in serious, serious trouble as no one will lend money to other businesses and many of them will fall, causing job losses and an even bigger downward spiral.

Dave: Great info! Thanks so much for the links!

Dividend Growth Investor: Get a big enough boat and I might join ya! :)

]]> By: Dividend Growth Investor http://moneyning.com/money-news/details-700-billion-bailout-plan/comment-page-1/#comment-10339 Dividend Growth Investor Tue, 30 Sep 2008 14:28:51 +0000 http://moneyning.com/?p=1397#comment-10339 Thanks for summarizing the bailout plan for us. I really hope some sort of bailout gets approved by congress. Or I'd have to learn to hunt and fish :-) Thanks for summarizing the bailout plan for us. I really hope some sort of bailout gets approved by congress. Or I’d have to learn to hunt and fish :-)

]]> By: Dave R http://moneyning.com/money-news/details-700-billion-bailout-plan/comment-page-1/#comment-10330 Dave R Tue, 30 Sep 2008 06:24:46 +0000 http://moneyning.com/?p=1397#comment-10330 Found another blog with even more reasons why the bailout is a bad idea: http://www.ourfuture.org/blog-entry/2008093928/top-5-reasons-vote-against-paulsons-700-billion-bailout Lots of serious conflicts of interest for advisors on this deal that I wasn't aware of. Found another blog with even more reasons why the bailout is a bad idea:
http://www.ourfuture.org/blog-entry/2008093928/top-5-reasons-vote-against-paulsons-700-billion-bailout

Lots of serious conflicts of interest for advisors on this deal that I wasn’t aware of.

]]> By: Aaron http://moneyning.com/money-news/details-700-billion-bailout-plan/comment-page-1/#comment-10329 Aaron Tue, 30 Sep 2008 06:17:13 +0000 http://moneyning.com/?p=1397#comment-10329 What's your take on the plan MoneyNing? Do you support it? I keep hearing that the bailout is necessary to prevent a recession. All the financial elite seem to be supporting it, while the major arguments against it seem to be on an emotional appeal. Although Dave's link has many good points, the problem is a overly deregulated financial sector fueled by greet imo. What’s your take on the plan MoneyNing? Do you support it? I keep hearing that the bailout is necessary to prevent a recession. All the financial elite seem to be supporting it, while the major arguments against it seem to be on an emotional appeal. Although Dave’s link has many good points, the problem is a overly deregulated financial sector fueled by greet imo.

]]> By: MoneyNing http://moneyning.com/money-news/details-700-billion-bailout-plan/comment-page-1/#comment-10322 MoneyNing Mon, 29 Sep 2008 21:04:50 +0000 http://moneyning.com/?p=1397#comment-10322 Joe: Wow even worst than I thought. The DOW was down 777 points! Calvin: I suspect that they will reopen the votes or do something to get some version of the bill pass based on what it's happening today. Joe: Wow even worst than I thought. The DOW was down 777 points!

Calvin: I suspect that they will reopen the votes or do something to get some version of the bill pass based on what it’s happening today.

]]> By: Calvin http://moneyning.com/money-news/details-700-billion-bailout-plan/comment-page-1/#comment-10319 Calvin Mon, 29 Sep 2008 19:45:01 +0000 http://moneyning.com/?p=1397#comment-10319 Dave: Looks like you are getting your way so far! Congress didn't pass that plan. Dave: Looks like you are getting your way so far! Congress didn’t pass that plan.

]]> By: Dave R http://moneyning.com/money-news/details-700-billion-bailout-plan/comment-page-1/#comment-10318 Dave R Mon, 29 Sep 2008 19:36:31 +0000 http://moneyning.com/?p=1397#comment-10318 The bailout plan is a bad idea on so many levels. Government is proposing to intervene in the normal consolidation of the financial services industry; a sector which has had a record run up in recent years. Dave http://www.islandersoftware.com/weblog/2008/09/27/just-say-no-to-the-bailout-plan/ The bailout plan is a bad idea on so many levels. Government is proposing to intervene in the normal consolidation of the financial services industry; a sector which has had a record run up in recent years.

Dave
http://www.islandersoftware.com/weblog/2008/09/27/just-say-no-to-the-bailout-plan/

]]> By: Joe http://moneyning.com/money-news/details-700-billion-bailout-plan/comment-page-1/#comment-10314 Joe Mon, 29 Sep 2008 16:10:24 +0000 http://moneyning.com/?p=1397#comment-10314 Geez look at the market today! I guess the bailout plan is not helping much! Geez look at the market today!

I guess the bailout plan is not helping much!

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