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.

3 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.

2 opposers 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

Corporations are taxed at 35%. They pass those costs onto consumers (as hidden taxes). If we eliminate corp. taxes, we stimulate the economy immediately. Corporations and small businesses will spur our economy faster than any other single act – except the elimination the income tax.

1 undeclared found this helpful.

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
Brent R McWilliams endorsed at priority #73 Wed Aug 11 18:51:29 -0700 2010 Comment
lordcheetah no longer endorses Mon Aug 09 12:03:35 -0700 2010 Comment
soccerref endorsed at priority #47 Sun Aug 08 18:01:03 -0700 2010 Comment
raf endorsed at priority #4 Sun Jul 04 14:41:04 -0700 2010 Comment
lordcheetah endorsed at priority #145 Fri Jul 02 10:37:42 -0700 2010 Comment
Madcow252 endorsed at priority #23 Wed Jun 30 10:06:24 -0700 2010 Comment
Melissa Missy Bason endorsed at priority #64 Mon Jun 21 13:54:53 -0700 2010 Comment
Blocklear endorsed at priority #4 Fri Jun 04 06:50:31 -0700 2010 Comment
American Soldiers Wife endorsed at priority #51 Sat May 15 22:45:32 -0700 2010 Comment
questforfreedom endorsed at priority #31 Thu May 13 09:09:01 -0700 2010 Comment
Nick Schoeneberger endorsed at priority #39 Tue May 11 09:10:10 -0700 2010 Comment
BakerHESTER33 posted a bulletin Sun Apr 11 05:32:02 -0700 2010 1 comment
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0pc
BakerHESTER33 Sun Apr 11 05:32:02 -0700 2010

That is cool that people are able to receive the loans moreover, this opens completely new opportunities.

swiftone endorsed at priority #57 Thu Apr 08 16:40:55 -0700 2010 Comment
emilykathrine endorsed at priority #29 Tue Mar 30 16:09:33 -0700 2010 Comment
patsues endorsed at priority #53 Tue Mar 30 11:24:17 -0700 2010 Comment
Excelencia endorsed at priority #73 Sun Mar 28 19:33:49 -0700 2010 Comment
Sean M. Tolbert endorsed at priority #18 Sat Mar 27 15:29:05 -0700 2010 Comment
vtwinmax endorsed at priority #85 Fri Mar 19 16:56:13 -0700 2010 Comment
rob_tank8385 endorsed at priority #52 Tue Mar 16 08:50:38 -0700 2010 Comment
Rud endorsed at priority #85 Sat Mar 13 04:50:39 -0800 2010 Comment
Wildhack endorsed at priority #74 Fri Mar 05 00:34:59 -0800 2010 Comment
End Prime endorsed at priority #427 Sun Feb 28 14:30:18 -0800 2010 Comment
Keith111 no longer endorses Sun Feb 28 10:25:05 -0800 2010 Comment
The Rebel endorsed at priority #76 Sat Feb 20 21:15:08 -0800 2010 Comment
ugabooga endorsed at priority #57 Wed Feb 17 11:24:17 -0800 2010 Comment

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