I lost my job and cannot pay my credit card bills. Will the big banks tell me it is okay? We will bail you out? No they will say too bad, you overspent. Now we are going to charge you all sorts of crazy fees. Raise your interest rates so you really will not be able to pay.....Then we will rub our hands together,Destroy your credit, and sue you. Garninsh your wages, attach your bank account and drive you and your family right into the ground.

On the other side it is Gee Mr Government, It is an Election year can you float us 20 billion or so....We overspent. The hypocitical society the government has created. The chinese have an old saying. The Fish Stinks At the Head

What should be done is prison sentences and massive fines for all the heads of the banks and departments that perpertated this fraud on investors.  It was nothing less than a bunco scheme.  The reason we are back in this mess is because they know that no matter how badly they act, they will be bailed out and all the while they will be collecting outlandish salaries and bonuses.

FOR SALE - Nice fixer-upper for those willing to put in some sweat equity and substantial cash investments.  This is a complete banking and industrial complex whose current owners are in completely over their heads and have let it get pretty run down.  Complete willing labor force in place who can become multi-lingual if needed.  Most of the infrastructure is still functional and can be brought back to full functionallity with some repair and good management. Can be divided.  Only serious inquiries please.  Contact Uncle Sam at 1(800) 555-IOU2.

Based on the present state of the economy,where is the government going to get the money to bail out the banks?I hope not on the backs of joe average citizen,his job just went overseas!!!!

Banks top Executives pockets are flooding will billions,while millions of consumers are sinking in Atlantic every day.Congress blank check to financial institutions is the main problem.One thousands stimulous packages will not help the Nations common people,Congress,white house,Feds are working against the interest of common people

No one mentions the large profits these people have been reaping for the last few years. Now that times are lean government wants to come in and make sure these same people maintain their lavish lifestyles. When times get thin for the rest of us we have to resort to tapping into our savings. Let them do the same. I say let the chips fall where they will. There is no accoutability.

The government stimulus package is designed to stimulate the banks. If the banks expect the bond insurers to dig them out of their hole, they are going to have to give them some money. (Since bond nsurance doesn't cover fraud).

I've been a fan of fixed rate mortgages & have refinanced several times over the last 15 years for building projects. In 2003 I refinanced with a mortgage broker that offered a fixed rate about 1/2% lower than our credit union, so I accepted their offer. At the closing, the title company closer told me 3 or 4 times I had a 3 day right of recission and I should read my loan documents when I got home. I did and discovered it was full of traps designed to throw you into default, which triggered a 6% increase in that low fixed rate; eg, they could communicate with you by regular mail at your last address but your communication wasn't recognized unless by certified mail at a listed address. No forclosure required because one of the documents I signed was a Power of Sale, which allowed them to immediately evict me if I defaulted. Most egregious: If any party to the loan died you were in default. I excersised my right of rescission. The "investor" was 5/3 Bank.

Don't bail any of these organization out. Their failure is just penalty for the rampan tfinancial statement  fraud of the past few years

To all you foolish citizens, maybe YOU should not have purchased or refinanced YOUR homes with an adjustbale rate mortgage. Maybe YOU should have purchased what you could afford and not what you were greedy enough to think you deserved. This isn't the banks fault. This is greedy citizens now passing the blame because they accepted an adjustable rate mortgage and not facing the fact that one day the adjustable would adjust. Next time consider your own actions and purchase what you can afford and stop being greedy winers. You deserve to be on the streets or renting what you can TRULY afford.