President Obama, please:
Stop the Bail outs and implement free market solutions

Talking points helpful to endorsers

Just 2 years of 0% capital gains would rush capital to the market. Bailouts have unforseen consequences (i.e. banks sitting on bailout money instead of making loans), encourage continued poor business practices, and favor those with the greatest lobby while hurting the small to medium businesses. Private money brings accountability in ways politicians cannot. Use the market instead of taxpayers.

10 endorsers found this helpful.

The responsibility for the irresponsible lending practices of the banks can be laid directly at the feet of our Federal Govt. It is not a Free Market problem. Gov’t regulation led to “predatory” lending in efforts to manipulate the levels of home ownership in America. Even if banks loaned to those who couldn’t afford it, don’t fault a bank because people decided to live beyond their means.

7 endorsers found this helpful, 1 didn't.

Another horrible aspect of the bailouts is that when the Fed prints money it causes an inflation on the dollar. People wonder why the dollar is worth so much less then the Euro now…. Bailouts end up costing us a LOT more then people realize. The Fairtax would be a far superior solution to our economic crisis.

6 endorsers found this helpful.
Talking points helpful to opposers

The idea that the markets can regulate themselves is only rational in the world of Leave it to Beaver.

Ethics have been thrown out the window in favor of maximizing profits and beating out the competition. Even with all the regulations we have in place now, they continually find every loop-hole and technicality that allows them to manipulate the system to their advantage.

The problem is greed.

2 opposers found this helpful.

Sure, it sounds good to just say: “let’s solve this with the free market” , but the fact is that this mentality holds no tangible evidence that the free market can be considered a solution. However, there is plenty of evidence to confirm that in time of crisis, relying on ‘free market’ solutions has led to widespread social problems and further economic problems – argentina, chile, poland, russia.

1 opposer found this helpful.

the free markets made this happen and now they want government money. let them fail.

1 opposer found this helpful.
Talking points helpful to undeclared

Stop the bail outs—no additional money to Freddie Mac.
On 3/11/2009 Freddie Mac posted $23.9 billion loss; claims to need additional capital. Freddie Mac, one of the two main U.S. mortgage companies that the U.S. government is depending on to help stabilize the housing market, said on Wednesday it needed $30.8 billion from the Treasury to survive after a massive fourth-quarter loss.

its funny how desperate i am to stop a bad bailout.

the problem with this main thread is the idea that we have a free market. We don’t have a free market, there fore it can’t implement free market solutions. what we have in fact is a third world slave labor market, and it runs its own game on slave market solutions.

strangely enough, the bailouts as is are more of the same.
deeper pit.

a genuine free market solution would be to directly invest in geothermal power, arcologies, and permaculture. Those three things, to the tune of about 100 billion dollars, problems actually fixed. Short of that few other formulas are going to be enough.

See all documents, or just those helpful to endorsers, opposers, or undeclared.

Other priorities in Bailouts and Privatization to consider

What's happening on this priority
Cindy Barbarino Torres endorsed at priority #19 Fri Jul 03 19:39:48 +0000 2009 Comment
edl endorsed at priority #65 Fri Jul 03 03:25:04 +0000 2009 Comment
corysea endorsed at priority #26 Thu Jul 02 09:03:33 +0000 2009 Comment
jeffsmathers endorsed at priority #151 Wed Jul 01 17:51:24 +0000 2009 Comment
JStrass opposed at priority #8 Wed Jul 01 17:01:27 +0000 2009 Comment
Ipsofaxo endorsed at priority #106 Wed Jul 01 14:25:16 +0000 2009 Comment
Denson Ingram endorsed at priority #72 Tue Jun 30 22:17:39 +0000 2009 Comment
Heins endorsed at priority #86 Tue Jun 30 21:12:46 +0000 2009 Comment
peacechicken endorsed at priority #6 Mon Jun 29 16:59:58 +0000 2009 Comment
shadowyguy endorsed at priority #26 Mon Jun 29 06:15:10 +0000 2009 Comment
BigArr opposed at priority #116 Sun Jun 28 12:56:04 +0000 2009 Comment
zlbender endorsed at priority #17 Sun Jun 28 00:12:25 +0000 2009 Comment
ampatriot005 endorsed at priority #39 Fri Jun 26 12:49:15 +0000 2009 Comment
Curins endorsed at priority #12 Thu Jun 25 14:42:44 +0000 2009 Comment
AZJen endorsed at priority #97 Thu Jun 25 03:49:43 +0000 2009 Comment
Chris Tsuha endorsed at priority #4 Wed Jun 24 14:18:15 +0000 2009 Comment
healthychicken endorsed at priority #995 Fri Jun 19 20:19:06 +0000 2009 Comment
Derek Stallings endorsed at priority #34 Sat Jun 13 17:08:38 +0000 2009 Comment
stalepie endorsed at priority #86 Sun Jun 07 00:03:43 +0000 2009 Comment
healthychicken no longer opposes Fri Jun 05 14:44:57 +0000 2009 Comment
Herbert Barry Woodrose opposed at priority #251 Wed Jun 03 20:04:10 +0000 2009 Comment
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Hidden because Vradic deleted their account. show
Someone endorsed at priority #50 Mon Jun 01 19:10:29 +0000 2009 Comment
Forrest Sheldon endorsed at priority #98 Sun May 31 13:20:21 +0000 2009 Comment

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