Companies not participating in the bailout program is a good thing. It's responsibility,it's owning

[RB TexLa]

your failure. If it hurts the market or economy some that's part of it. Being responsible isn't always easy. I wasn't upset that the bailout happened but I'd rather the market handle it itself. Hopefully more companies than not will refuse.

No matter what the consequences being responsible for yourself and not accepting help is always the better choice.

[baldguy]

1. It means the bailout wasn't necessary.

And won't solve the real problems.

[malaise]

2. Does it matter?

Can't Paulsen grab their assets anyway?

[shadowknows69]

3. Ok, can we have the money back?

Somoehow I doubt it.

[RB TexLa]

4. The money hasn't been spent

[dkf]

5. I'm glad you are happy everything is going to collapse.

Personally I think its a disaster that these unserious people aren't going to be using these tools.

[RB TexLa]

6. Not happy, but a person or an entity taking responsibility is always the better choice.

[dkf]

7. Unfortunately in this day and age we are interconnected.

If ONLY those idiots taking risks faced the consequences then that is one thing. But a whole lot of jobs are going to be cut and payrolls unmet.

There is going to be lot of completely innocent people suffering.

[Heather MC]

9. I think there's nothing they can do, because we are all so connected

Look this fall started in 2005 or so when the housing Markets began to slow down.

the bailout doesn't work because there's millions of people who are about the foreclose who haven't yet, or may not even know they are about to be in a position that they will have to foreclose.

I don't want a fall, but I don't think they can stop it. They did a dumb thing with this bailout, they through money at, but they didn't solve the root problem, the Repugs wouldn't allow for mortgage reform, the best way to keep the economy stable is to help people keep their homes whenever possible. meaning people who ended up in an upside down loan, IMO should be allowed to refy to a real Mortgage, UPSIDE down loans should be banded.

They should have included a provision for people who are losing their homes due to medical bills to be able to keep their homes and get on a payment plan for the bills, without being charged interest.

The bailout was a smoke screen, I will not say it didn't work because no one has gotten to benefit from it just yet. but as Obama says it's only the beginning. I just think it's a bad beginning
they should have reviewed everything they could do before writing the check

[dkf]

10. There is no check written yet.

There are no mortgages bought, no money distributed.

If no one uses this fund then nothing happens.

[Heather MC]

11. I acknowlegdge no one has recieved any benefits from the Bailout yet

But they could have done some more immediate things first like
Mortgage reform, and including ways for people who got sucked in to upside down loans to be able to rewrite their loans without penalties

those things can be done without promising to spend billions on God knows what

[dkf]

12. You think mortgage reform is an immediate fix?

Don't you think that would take a whole lot of individual analysis? I can't imagine how long that would take for each person even.

I think you are confusing the short term and long term aspects of this problem.

[Heather MC]

14. I just don't think the bail out will work.

[Old Codger]

8. Sounds good

But, a good portion of them that aren't going to participate are doing so because they don't want the strings attached, they wanted the no rules bailout... Free of all restrictions.. I hope they let them fail so the economy can in fact return to a proper, realistic level. it may hurt for a whil ebut most likely a shorter term than this will be.

[Javaman]

13. only if. this is about regulations and nothing more...

they aren't owning up to a damn thing. they are questioning taking the money because it would impose regulations and oversight on their private affairs.

this hasn't thing one to do with responsibility.

[RB TexLa]

17. However it comes about. Taking responsibility is always better.

Doesn't matter how hard it is, it's always the right choice.

[Geek_Girl]

15. It means we're back to square one which is not good

Congress could have put together a plan that bolstered the economy by investing in sectors or at the very least mitigated the problem by proposing a different bill altogether. Our government IMHO is broken.

[leftofthedial]

16. besides, this way Paulson can use the money to buy junk bonds