GOP putting forward a resolution against bail outs

I am against any and all bail outs. I am for a truly free market economy, not the pseudo one that we have had for so long now. I am sick and tired of people saying that we are not moving toward socialism. It's not like there is only one form of socialism. There are many. When the government pays of our services by using our tax dollars, that is socialism. When they bail out anyone, institutions or individuals, that is socialism. So people need to stop saying that we aren't headed towards socialism, especially with the election of Obama, and just tell the truth-that we have embraced socialism. I hate socialism, and I hope that other freedom minded people will start to display their mistrust of government and its socialistic slippery slope that it willingly or unwillingly has found itself on. True capitalism is the best way to go. As Ayn Rand said, "Capitalism demands the best of every man." This half-way socialism, and stupid monetary policy of artificially propping up prices is idiotic, and it is ruining our country. Has anyone stopped to think of these things: -maybe housing prices crashed, because they are not worth what they were being sold for -maybe stock prices dropped because they were valued way too high -maybe big companies crash, because a big company is not always synonymous with good company So if a few Republicans have finally woken up and decided to fight socialism, good for them. But as far as I can see the only good left in the Republican party lies in Ron Paul. Here's to hoping he lives well past 100.

Bail outs is the first thing Hoover tried in the early 1930's and they didn't work then and they won't now. The only thing that brought us out of that depression is WWII and the government sponsored work problems. A lot of people in this area went to California and different places and worked in the ship yards and other factories that built the war toys. In this part of the country they had the WPA and the CC Camps. The Government spent tax payers money to put tax payers to work. The way I see it all this money that has already been spent to bail out the Banks and others was wasted. So far it has been about $1T poked down a rat hole. I wish someone had stopped it before it ever started. I still say a lot of that money found it's way back into the pockets of the politicians that approved it.

The problem with the government works projects is that it is not helping the economy. The government takes money from the people, in taxes, to pay people to build something that will not produce any new wealth, they also take money form private business in the form of borrowing so there is less money for private induastry to produce goods and services for people to spend their new money on. In Russia people had money but nothing to spend it on because everyone was working making things for the government. They had swimming pools, sports complexes, but no food, no consumer goods and very little extras. The government used all the money to put the people to work but there was no money for business to make consumer products. They you tax the people again to pay for the next project. If you let the free market work the business would get money from the investors and use it to make a product that people want and will buy and take the new money and produce more product, employ more people and attract more investors. People have jobs and money to invest and gain wealth and the government get more money in taxes because more people are working. If you watch the stock market you will see many small companies that are trying to develop and grow and employ people but will not be able to if the government takes all the excess capital to pay people top wages for made u0p work. You will be employed, have money but nothing to spend it on.

Unfortunately, the Republicans think that these "commitments" from industry and finance will just enforce themselves without any government oversight whatsoever. Show me ONE time when that has worked and I'll think about it. What would be so wrong with nationalizing the banking system? They nationalized the postal system and it seems to be serving the American people a good bit better right now than the banking system.

This country is heading towards a lot worse than socialism, in my opinion, and the bank bail outs with no accountability or strings of any kind attached sure didn't hlpe matters. I can't disagree that if people would have been fiscally responsible we wouldn't be in the mess we're in but that's their fault (the GOP's) as much as anyone else for deregulating everything and trusting big banking to take care of their own business. I sure wouldn't call Obama's public works proposals "bail outs"; our infrastructure's falling apart at the seems. That water main in Maryland that broke last week was over 60 years old and I heard it's far from the oldest one in that state. There are many older than that in NYC and I heard the mayor say not too long ago they're afraid to turn the water off to patch them because they think that will cause them to break through completely. There are things in this country that need to be fixed or rebuilt completely and I don't think they qualify as "pork" or "bail outs", simply "necessary" because it's been put off too long. Annie

I don't think Bail Outs will move the country to socialism. This will only deal with emergency situations, such as the financial crisis we face today. For example, the auto industry is the backbone industry of United States. The Big 3 can't break because this will discourage the people all around the world to stick together and fight the financial crisis. They will lose the confidence to do so.

About time, I am all for it. The only thing I have to ask is what toke them so long to get a clue. This illogical idea that the national GOP needed to be the Democrat lite party make absolute non sense. If the Democrat party wants to be the party of fiscal irresponsibility then let them, but America needs some one up in Washington that believes in check book monetary policies. The last thing America needs is to parties that believe in spending money that does not exist and government is smarter than the private sector.

I am against them, simple cause all the bail outs did was change ownership of the bad debts - there still is no income/revenues coming in from them. What difference does it make WHO owns the debt - what matters is if there is a revenue from the debt and the bail outs didn't do that. Plus and even more disgusting, is the fact that those that caused the bad debts are still getting their high salaries, doing the same things, spending tons of company money for their own luxuarys and comforts and not a single thing has changed since the bail out. The ones that put us in this mess are still running the shows.

I guess that to put out a blanket answer to anything these days is irresponsible. I don't believe that we should be bailing out any businesses without tight restrictions on how the money is used and penalties if used incorrectly. The money given should be viewed as loans with the government first in line to be paid back in a timely manner with an adjustable interest rate. I think to point fingers in blame is only going to do that and not solve any of the problems that are rapidly leading this country into financial armegeddon. I hope that future legislatures are ready to work together and develop strategies to address the current challenges. Many of the problems currently are a result of a combination of factors. People wanting more than they can afford; businesses wanting more money that they are earning; and congressional oversite that was missing in action. Another factor that is just as important is the emotional state of the nation. If we all believe we are headed to disaster we will, on the other hand if we believe that we can create viable solutions to address what is happening that is what will happen. It is our choice, our thoughts.

I think it's about time that companies take responsibility for their actions. If they have bad business practices, they'll lose money or close. That's the way it should be. Executives should certainly not receive any bonuses if the company is losing money. Any idiot can figure that out. I think the GOP is right. It needs to stop. I read recently that retailers were going to ask for money, since we all didn't buy enough for Christmas. And dozens of cities and counties and states have decided that they need to start asking for more money as well. It really has to stop. Everyone - from each one of us to companies to local and federal government - needs to figure out how to live on the income we have. Period.

LOL, how funny is it that the people that started all of these bailouts are now calling them bad. The leader of the republican party told the world that we needed to bail out the finacial industry of the world would come to an end. Republicans have a history of privitizing profitsm, and socializing loses (remember the S & L bail out of the Bush family, and many friends of the Bush's?). This is nothing new at all for republicans. Now they want to try to fool the American people by saying that they don't approve them? I must say that lying is one of the republicans strong points, but the facts are that the leader of the RNC started this, and they all supported him in 2004.

well there is currently this kind of situation in every part of the world. though america hitted badly and it affected the whole right world. but i think bail out was necessary. if someone fall in a ditch the first thing is to remove him out of that situation no matter how you do that,then analysize why he fell or what measures should be taken to prevent the future fall outs. similarly bail out was the only alternative at that time for govenment so they did that. they of course the analising part will come and the prevention will be taken. but you see prevention is always better than cure...