Comments on: A responsible bank CEO speaks out about the bailout

By: Eric

Eric — Wed, 08 Oct 2008 15:42:29 +0000

“Accounting should not drive economic activity, it should reflect it.”

Exactly, that is what Fair Value accounting does. Fair Value accounting reflects the current value of assets, not some made up, uncertain, future value. The last thing we need right now is more fiction in financial statements.

By: Go4broke

Go4broke — Tue, 07 Oct 2008 08:58:02 +0000

The bail out does more than make me sick, its government social welfare for companies that were poorly run. I don’t understand why these poorly run companies can’t be allowed to fail. I thought that was part of being a market economy, the successful and smart succeed, the stupid fail.

Did I miss something? When did this country become socialist with government businesses?

As for voting these people out of office, heck we need more than that, christ the bailout has money allocated for frigging toy wooden arrows!!!! I’m just disgusted by the things that our politicians do. I can’t help but wonder how long until this idiocy is made plain to the people who care more about voting for a black man or a woman for VP rather than actual issues.

By: Max Power

Max Power — Thu, 02 Oct 2008 05:26:10 +0000

This bail out makes me sick. These terribly run companies are going to get paid to keep doing the same. Nothing is going to change they seem like they want to destroy the country but they want to take everything we have before they do it. Their scam plan is just a band-aid, and doesn’t address the true issues. Anyone that votes for this needs to be voted out of office!

By: Anthony

Anthony — Thu, 02 Oct 2008 01:46:02 +0000

Those waffles are making me hungry.

By: Ben

Ben — Wed, 01 Oct 2008 18:56:55 +0000

To me all of this seems rather obvious. How is it all of the people in Washington cant see this? Are they as incompetent as they seem, or just evil?