Congress should not show their cards to Wall Street...

[kentuck]

If Wall Street thinks the taxpayers (Congress) are going to bail them out of their mistakes and criminality, then there will be "irrational exuberance", to borrow a phrase from Alan Greenspan.

There is a painful correction taking place on Wall Street. They are not ready for the pain. They do not know what pain is about. The people on Main Street have been struggling to survive for years now. There are millions in the shadows that do not know where their next meal is going to come from or where they might sleep tonight or if they will ever have another job. Yet, the major concern seems to be about those poor folks on Wall Street and how they might stick it to the rest of us. Well, I have a couple of words for them. Fuck them!!

The rotten apples need to be shaken off the tree. Let them live in limbo for a few days. Let them think there is not going to be a handout for them at all. The bad players will show their hand and then we can pick up the pieces and try to fix this despicable mess they have created. The Democratic Party should think more about the people at the bottom than their friends and supporters on Wall Street. Frankly, I am disappointed in most of them. I am glad that 95 Democrats still had the fortitude to vote against the bailout and were not shrieking in fear at the special interests that were about to lose their asses...

[whistle]

1. Wall Street speculators, shysters and gamblers and their cronies are the enemy of the people

...They will loot and plunder and steal and cheat and lie continuously and without limit! These are the people that Bush and Paulson and McCain and republicans want to bailout without conditions or any accountability.

No bailout for them! Not a dime of taxpayer money! This has been a huge scam.

Solution, congress take control, place a surtax of .65% on the value of all stock trades, have brokers submit the surtax weekly to the U.S. Revenue Office where it is placed into a trust fund to be distributed as required to troubled institutions and to pay back the bailout monies already distributed until the crisis is eased. Then maintain the trust fund for future crisis situations and periodically review Wall Street trading practices to prevent future abuses.

[Bonhomme Richard]

2. I think Wall Street is trying to take the easy way out.

Let's see if the taxpayers can buy us out of this, otherwise it is going to cost us a lot of money, maybe even our fortunes.
At the end of the day I don't see how the "money people" can let it all go to shit for the economy. If it did they would have the most to lose. Not only their fortunes but more important their influence over government and policy.
I could be wrong and I'm still not sure which is the best solution.
Problem is that I don't believe anything they tell me.