Search SEARCH

How about this bailout idea?

Let's seize the assets of all the CEO's, presidents, vice-presidents, board members, ...whoever ... of these businesses like Fannie Mae, Freddie Mac, Lehman Bros.... - the government can take all of their personal houses, condos, vacation homes, properties, cars, watches, jewelry, 401Ks, investments, art, bank accounts, baseball card collections... anything of value - it will add up to hundreds of millions... if not billions - just for being so stupid about sub-prime lending. Seriously, I am a nobody in the financial game and I saw the writing on the wall at least 5 years ago - why is anyone surprised! AND why do you and I, the American public have to pay for this bail out? - and you know it will fall on the back of the middle class and those who can afford the lawyers will find a way to get out of it. What say ye? Shall we seize their assets? aorton - how is that punishing the stupid people who should have been the smart people wow Grant - see that makes you part of the problem - you don't want to make those responsible for the problem ... responsible for the problem - you want to politicize the issue when it is really an issue of greed. Why stop at Bush - lets take it back to Whitewater... Grant - I checked out your link - you numbskull - I am not paying for the Bush's ranch and neither are you! What a dope!

Asked By: byebye - 9/19/2008
Best Answer - Chosen by Asker
Confiscating everything these CEOs have is fitting punishment BUT it will hardly fix the problem. Their paultry billions of dollars will not save the millions of investors and their property... More
Answered By: Kojak - 9/19/2008
Additional Answers (4)
Yea baby, eat the rich!
Answered By: ethikally - 9/19/2008
 
I would rather see them to reduce all home mortgages by $50,000 or better yet... reduce the mortage the amount lost by the houses price crash. Don't give the home owners the cash because they are retarded with their money but go directly to the bond..
Answered By: aorton27 - 9/19/2008
 
Well, the next crop of business leaders will realise they are exposed to risk and that would make them more cautious. I would only support it if you started at the place where the buck stops. Put the ranch in Crawford up for auction first.
Source(s):
Answered By: Grant M - 9/19/2008
 
I like your idea... I also like the idea of no bailout at all- because I have no investments/no retirement/no money so I don't really have much to lose. I say just let things take their course and stop with the goverment bailouts...
Answered By: John H - 9/19/2008
 
Sponsored results
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Jobs.Quick-com
Click. Search. Apply. Free!
www.JobDiagnosis.com
Jobs hiring near your local area. Part-time, Full-time, Work at home.
www.HiringLocally.com
Sobre 287 Trabajos en tu area. $15-87/hora - Aplica Ahora.
JobsToLatinos.com

Other Career Questions

What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
3 answers - Asked By: drop pants not bombs!.♥ - 3/2/2010
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
4 answers - Asked By: bayebd24【ツ】 - 11/21/2007
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
1 answers - Asked By: roseparkerly - 1/26/2009

Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.

Popular Articles

Best-Paying Work-from-Home Jobs Article Rating
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook Article Rating
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.1.40.24-304
eTrustLogo