And What Do YOU Think?

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

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.

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.

Plain and simple - I'm scared.

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.

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.

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

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

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.

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.

Comment by Connor Bryan Oct 6th, 2008 at 10:03 am Have you noticed that the market’s free fall is occuring at the same time Obama is rising in the polls? The markets are not reacting to the bailout but to an Obama presidency. tTat is why the market ignored passage of the bailout. Higher taxes are on the way. ______________________________________________________ I agreed with you 100%. Since Obama & the whole gangs of CNN/ABC/CBS/NBC/MSNBC predict Obama will win. All my $$$ down the drain now. Get him out of this race. He'll raise Tax like Hell. He'll put this USA in a great RISK. He'll convert this great country into CHAOS like those DEMS House Congress with NO EXPERIENCE at all. _

I DO NOT think this Congress know how to operate under Pelosi & her gangs: B. Franks, Chris Dodd, D. Schumer. All they did is trying to control the House without ANY EXPERIENCE and team of expert on CORRUPTION!!! This Dems congress corrupted with Fannie Mae/Freddie Mac & lied to us that is going good?? What kind of congress is it? Corruption,Crooks. Did anyone know that we're the TAX Payer & they're working for us. If the American DO NOT satisfied with this team. Please call Pres. Bush to fire them before he got fired too. Did you know that since Obama/ABC/CNN/NBC/MSNBC keep telling american that he's leading in the poll, the Stock market keep going down. He's a WORST Salesman too. That wassy, wassa need to get out of this race before all my $$$ down the drain. We CAN NOT AFFORD Obama with those Dems House together. We'll be Doom.

What I sent.. "Please vote NO on bailout bill. People and firms should suffer the consequences of what they do and the decisions they make. We'll get by as we always have. Through Hard work and responsibility. I will vote NO on you if you vote otherwise." Why: I am really frustrated and angry that the Government is "lying" and not being candid with "US". They/you really don't care if the "wall- street" folks suffer, Commercial Banks and Investment Houses...Or Fannie Mae/Freddie MAC. What YOU are trying to protect is the worlds largest banker -- The US Treasury. $8+ trillion in paper debt. The Government is trying to prevent a run on that Bank... Solution: QUIT SPENDING!!!

My concern is that we're now doing too many things to 'fix' the economy. It's like any other system in that it reacts to some inputs immediately and others more slowly. We've done a lot already, let's not start partially nationalizing banks, etc. Mr. Bush, please take a breath and see how things respond over time to what has already been done. Doing super-extraordinariy are only going to cause big problems farther down the line. PS - I want McCain to win, too; but this isn't the way to do it.

FIRE PELOSI, FRANK, DODD AND SCHUMER, THEY HAVE LED PEOPLE ASTRAY, ALSO WATERS SAID FANNIE MAE ETC OK, JESUS SAID: THE POOR WILL BE WITH YOU ALWAYS. I BELIEVE THIS, I AM POORISH, 84, VETERAN OF WW2, FEMALE MARINE CORPS. HAVE A LITTLE HOUSE, MAKING IT SLOWLY, BUT THIS IS MORE AND MORE MONEY, PRINTING IT ADDS TO INFLATION, WHY, OH WHY ARE THE WEALTHY BRIGHT PEOPLE SO PANICKED AND CONFUSED. IT IS LIKE WE ARE ALL CAUGHT IN A STICKY SPIDER WEB. OH, I CAN'T WORK, DISABLED MISSING A VERTEBRAE, NOT SERVICE RELATED, OSTEOPOROSIS RELATED, I DID REFINANCE MY LITTLE HOUSE, COUNTRYWIDE, FIXED, NEVER ARM, I TOLD THEM YOU TAKE OUT OF MY BACK ACCOUNT, THEN IF LATE IT IS ON YOUR HEAD NOT MINE. I DON'T LIKE WHERE I AM, BUT NOW WITH THE MORTGAGE MESS, STUCK HERE, BUT I NOTICED YESTERDAY 3-4 HOUSES ON MARKET, FOR SALE THAT WERE NOT PREVIOUSLY. THANKS FOR OPPORTUNITY TO EXPRESS MYSELF. goldie

What do I think? Liz, I think that black dress is going to improve your ratings substantially. I mean you were already hot, but man I am speechless. But I have to know..did you catch any flack for it? I noticed you changed seats and the brighter light really doesn't show it off like earlier. Could you like email me the next time you are going to wear it again and sit in that exact same lighting? As far as the economy, I am 100% in gold(since July) and its under my bed. You aint seen nothing yet.... Just watch what happens between now and Dec 31st. Imagine a strike against Iran and an Obama victory..katy bar the door..we are going to 6500 and 18 % inflation. Even for those who have a job, they are still going to get hungry when the infrastructure breaks down. Believe it or not, I am not a doom and gloomer, but I have inside knowledge about the future. Haven't been wrong yet and I do appreciate the morale boost and the black dress. The people in this market are crazy. If you want some good news..once Barack takes over, everything will look great again, for about 1 year. Kinda a head fake and a gigantic dead cat bounce...but after that woe to them who are unprepared. Have a nice day. Hunkered down in TEXAS for the long haul. LONESTAR

Failure in America, like death, is treated as an option. Failure is strength, it is learning process. If failure is not allowed to happen, then success neaver will.

Liz, I don't like the bailout mainly because I am against big government. We have given the Secretary of the Treasury authority to spend $700 billion of taxpayers dollars THEY DON"T HAVE. Only three ways that I know of to raise that kind of money. 1). Borrow it and raise the national debt, 2) Increase taxes by pulling $700 billion out of the private sector, or 3) Print it, which is inflationary. Pick your poison. I feel that not only was the bailout unconstitutional, so was the method used to pass the bill. Funding bills are suppose to originate in the House of Representatives, but through some procedural slight of hand it was allowed to start in the Senate. It was an end run around the Constitution. If we are going to allow this type of behavior, what's the point of having a Constitution at all? Our society has been drunk on easy credit for too long. However, government intervention is never the answer. The markets are self correcting if they are allowed to operate. Recessions are part of the business cycle, but politicians can't stand to allow one to occur. The pain level is too high. Now that the Federal feedbag is open, everyone is lining up for money, from the banks to the auto makers, the airlines, even the Peoples Democratic Republic of Kalifornia. Where does this madness end? How the hell to we pay for all of this? Too bad some members of Congress who has good ideas (change in market-to-market accounting among others) but were not listened too. We should have tried those ideas first before jumping off the cliff.

I was for the bailout until I saw all the pork that was attached to it. It should have been a clean bill and if so I don't believe that there would be so much opposition. I am intrigued by the assistance to the mortgage holders. The last time I looked if a mortgage was foreclosed or the property returned to the mortgagee this created a tax event for the property owner. The IRS was sent a 1099 which reported the balance due on the mortgage as income. I wonder under this present situation whether any reduction of principal will be reported in a like manner. I believe that this is worth looking into especially as it relates to homeowner relief.

Should the American public not come to the obvious conclusion that the Democratic Party and the mainstream media is at the epicenter of our economic demise, we are doomed as a country.

From Neal McMikens above: "But as a senator spoke last night on Fox sums it up. “We are not hear(sic) to do what Constituents want, we are hear(sic) to lead in what we feel is right”. There you go. Our representatives do not feel they need to represent the people. Hope everyone votes their rep out if the voted for this bill. I will." I agree. Do you really think We The People are supposed to believe that our opinions matter one iota to these egotistical power-trippers? BAH! VOTE 'EM OUT!

WHY DIDN'T WE BAILOUT ALL THE CITIZENS 18 AND OVER INSTEAD OF WHAT WE BAILED OUT..AT LEAST WE WOULD OF KNOWN WHERE OUR MONEY WENT..TRUNK MONKEY

The bailout is necessary to inject liquidity in the system, but it still sucks. The analogy is like having a patient on the operating table in a coma, needing a blood transfusion to survive, and they need it fast. But the patient is decidedly psychotic with a split personality: not a very nice person, at times insane, criminal, murderous, destructive, immoral, vain, downright nasty, and greedy as heck. Of course, the flip side of the patient is that they are also the most philanthropic person in the world, always the first to respond to a crisis, the guarantors of our freedom, the largest giver of charity, the first one to rush into danger to save children, puppies, and kittens at risk of great personal harm, they provide the best medical technology in the world, and they are too humble to point it out at every opportunity. So, I defer to the Hippocratic Oath, while short selling rat George Soros and his MoveOn Brownshirted thugs will simply try to save the psychotic narcissist portion they can relate to.

THE REACTION BY THE FEDERAL GOVEREMNT TO AMERICA'S ECONOMICAL SITUTION MAKES ME FOCUS ON WHO HAS THE POWERS IN WASHINGTON.....THE DEMOCRATES WILL CONTROL THE SENATE AND CONGRESS..SAY THE DEMOCRATES WILL WIN THE EXCUTIVE BRANCH OF GOVERMENT. WITH THE DEMOCRATES HARRY/SENATE, NANCY/CONGRESS OBAMA/EXCUTIVE BRANCH COUPLED WITH THE POWERS THEY WILL HAVE TO DEAL WITH THIS ECONOMICAL SITUTION...WELL ALL THAT POWER SCARES THE BEE GEES OUT OF ME.. THERE IS NONE OR VERY LITTLE OF ANY THING TO STOP THESE LIBERAL SOCIAL DEMOCRATES FROM DOING WHAT EVER THEY WANT. NO CHECKS AND BLANCES....THE POWER OBAMA WILL HAVE IS NOT CHECK BY ANOTHER PARTY AT ALL. JUST NOTHING.....THAT IS WHY WE AMERICANS NEED TO VOTE FOR THE JOHN MCCAIN AND SARAH PALIN TICKET....THATS MY REASONING.. I JUST DO NOT WANT THIS UNKNOWN GUY OBAMA WHO HAS NO HISTORY...WE DO NOT KNOW WHAT HE WILL DO OR NOT DO. THINK SERIOUS ABOUT THIS....AMERICA IS UN CHARTED STORMY SEAS. SINCERELY, JIMMIE W BECK

The problem is CREDIT DEFAULT SWAPS, or bets that financial institutions placed to spread risk on securitized mortgages. This shadow banking system is worth $trillions and is why banks all over the world are in crises. 96% of Americans are paying their mortgages on time. How can 4% of mortgages be causing banks all over the world to implode? It's because banks used a COMPLETELY UNREGULATED BETS CALLED CREDIT DEFAULT SWAPS to supposedly spread risk. Phil Gramm DEREGULATED the credit default swaps market in 2000 in the Commodities Modernization Act and DEREGULATED financial institutions in the 1999 Gramm/Leahy/Bliley Act, which overturned regulations set in place after the Great Depression (Glass/Steagall Act of 1933). The regulations set in place after the Great Depression were for a reason that is all too clear now. In July, 2007 the SEC rescinded the "uptick" rule on short selling that had also been in place since after the Great Depression. The uptick rule was put in place for a reason that is all too clear now. We can learn from history and reinstate the regulations put in place after the Great Depression so that we don't have a Great Depression II.