Quote Originally Posted by BanginJimmy
And this single bill will cost more than 5 years did in Iraq. At least some good will come out of that, this bill will fail just like the last one. The the president will come on TV and say that these are desperate times and the govt must nationalize the banking industry until the crisis is over.

How many bailout plans must be tried before people figure out that they dont work. The roots of this come from congressional prying into private business, yet some people think that same govt is going to fix it? That is beyond just a bad joke.
actually the bill now from what i heard is more like 700 billion and that is less than iraq and it isn't going to be immediately spent into the market so in the grand scheme of things it is far better than spending money in iraq. whether it will work or not - i think the first stimulus plan was retarded and should of been spent better and the bank/auto bailout should have massive oversight and check/balances. if the banks were able to spend billions in compensations + bonuses at end of year then they should have the money to pay back what they took from the american people.

i think alot of what i have heard that is in the bill is stuff that mainly infrastructure needs that have been over looked. there are over 1 million people unemployed just in the construction sector so things like this will surely help but only if there are checks/balances. the problem w/ our gov't is we get money to spend and we give it to our friend who is higher priced than competitors so we can get a cut under the table. this has been happening forever especially with military contracts.

as far as nuking the middle east i'm all for it - include isreal in that and lay waste to the "Holy Land" - let them all go meet their maker