Liz-Vision
  • October 1, 2008 11:44 AM EDT by Liz Claman

    And What Do YOU Think?

    Oh please let me know what you think of the Rescue Plan because I've been hearing from everyone from Warren Buffett to business owners in Ohio to regular folk with a 401k a few bucks in the bank and not much more.  Some think it's an absolute MUST that we pass something pronto. Others are firmly in the other camp. Don't just say you hate it or we need it, TELL ME WHY.  We're looking for thoughtful responses because we are firmly committed to getting the real story from YOU.

Stephanie Spindler

Even though the Congress passed an even bigger bill (thanks to PORK - aka ear-marks) than was originally proposed, I have been against it all along. It is too expensive, the companies getting the help (ie: AIG) don't know how to handle funds (proven by nearly half million dollar party to celebrate getting bailout!!!), and I think it is unconstitutional!!!! I believe with all my heart that this should have been allowed to play out to it's natural conclusions - the natural consequenses of poor business practices. I didn't support it and told my Senators and Representative so. Thankfully two of the three voted against it. I don't support it now - I believe NOT ONE THIN DIME SHOULD GO TO ANY OF THESE COMPANIES. I suspected many more would line up for money - and they are!! If this isn't a giant step towards socialism, then I don't know what is! No money for sinking companies and banks - they got themselves into this by poor business practices - tough luck!!!! Dave Ramsey has the best idea for gettting out of this - MUCH less costly and does not give much to the companies who don't know what they are doing, but gives PEOPLE a chance to keep their homes.

October 10, 2008 at 11:30 am

John Hauser

Hell no, no more bail outs. Can't get market confidence? I wonder why...after we bailed out AIG so their "noveau riche execs" could take a $4.5 million vacation and relax in luxury after duping us into putting our tax money out for their screw ups. Then we bail out the rest of the crooks, and did they fix things...hell no they just issued more worthless paper. Things have to change at the top before any of my money comes off the rail and goes back into the market.

October 10, 2008 at 12:24 pm

keith wunsch

can tell tell me what u think about the safety of muni bonds and funds in this enviroment.................no name please

October 10, 2008 at 12:39 pm

dave lierman

Liz, We don't need a photo on the FOX home page of some guy who looks like he's about to jump out the window. FOX has a bigger obligation than reporting the news. All the broadcasters love to report doom and gloom by making news not reporting. It might sound rediculous but television is very powerful and perssuasive and I believe it is is your obligation as a braodcaster to lead with positive and confiendnt stories, Rudy Guliani didn't get NYC and the entire country through 911 by concentrating on all the death and destruction. Dave

October 10, 2008 at 3:21 pm

Chad

Well we maybe should look at the bright side of life. With this masive bailout our Social Security insolvency problem has been solved. Nobody will be able to retire, or afford to draw Social Security benefits. And with the weakening dollar brought on by inflation; all of my debts, when repaid will cost me 28% less. Thank you uncle Sam! My fuel costs are finally coming down which is good. Unfortunately, I no longer have a job to drive to, but my real concern is that everybody in this nation has forgot the lessons of the great depression. There is PANIC everywhere! Pull your money out of the market that's sure to help calm things down. Are we all smoking crack cocaine? A commentator last night remarked that you should put your money in gold because he believes that it will reach $5,000.00 an once. I say put your money in ammunition, canned food, and bottled water. Or just turn off your TV for a month.

October 10, 2008 at 5:16 pm

John Jurik

I'm about to flip, I'm so sick of all the politicians telling me how important "small business is" Yeah, no kiddin' I own a small business, I started it in 1988 in New Jersey of all places, the State that hates small business. I almost flipped this morning as I heard Obama's plan for small business. " Give small business loans", What? I don't need a loan, nor do any of the other owners of small businesses that I personally know. What ever happened to living and operating a business within your means. We need the government out of our business, our waallets and off our backs. My insurance rates are killing me, and not just Health insurance. Too many people getting rich off of ridicoulus lawsuits. We have a bunch of idiots running my state and the country. Most of them have never had a real job. I's almost impossible to turn a profit, and i't getting worse. I figure within 20 years we will all be working for the government, or living off it.

October 10, 2008 at 7:37 pm

Rose Hoffman

Plain and simple - I'm scared.

October 10, 2008 at 10:25 pm

Sylvia Williams

The more I hear about poor General Motors and Ford it makes me remember all the trouble I had and how they refused to correct what was wrong with the cars. General Motors main office in 1985 told me "who Cares" The car was a lemon and not the only one I bought during the years. Ford mechanic told me it was fixed and nothing was wrong with my truck my tempo etc I know why they are losing their hold on American Auto Customers. Their product does not compare to the Toyoto or the service you get when you buy one.

October 11, 2008 at 2:22 am

Ben

When the real criminals are behind REAL bars, spending time in a REAL prison(not one of those Executive-Don't-Walk-Outside-Of-The-Lines-Resorts), the confidence will be restored. As long as the weasels are in the chicken coop, the hens will sit on their eggs. A legally binding promise to investigate and punish the perpetrators from Mc Cain would do a lot to restore confidence.Who wants to invest in a shell game run by crooks? Bring back Ken Starr! People do not want to play BOHICA! with their money.

October 11, 2008 at 10:46 am

David Shaw

I am appauled that the bail out went thru even though MOST American Voters did not want it. Where's the Justice here. Where in the constitution does it give them the power to override the voters wishes. As for Freddie Mac's they should not have been bailed out either nor AIG. Barney Frank, Chris Dodd, Obama and the rest should have to pay back every penny the got from the Mac's. They should also do jail time like the people from Eron. We need to impeach the entire Congress and vote over again, barring those crooks from being re-elected. Those states that constantly vote for crooks like Mass etc., should lose all voting rights. David Shaw Nokomis, Florida

October 15, 2008 at 10:23 am

about this blog

  • Liz Claman joined FOX Business Network (FBN) as an anchor in October 2007. Her debut included an exclusive interview with Berkshire Hathaway CEO and legendary investor Warren Buffett.

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