What percentage of Americans are against the Bank Bailout of Wall Street according to polls?

The problem is, nobody truly knows what this "collapse" is all about. Even Treasury Secretary Paulson admitted he doesn't know the exact amount that is needed (he just picked the $700 billion number out of his head!). The head of the congressional budget office said he can't figure it out nor can he explain it to anyone.

And yet, they are screeching about how the end is near! Panic! Recession! The Great Depression! Y2K! Bird flu! Killer bees! We must pass the bailout bill today!! The sky is falling! The sky is falling!

Falling for whom? NOTHING in this "bailout" package will lower the price of the gas you have to put in your car to get to work. NOTHING in this bill will protect you from losing your home. NOTHING in this bill will give you health insurance.

Health insurance? What's this got to do with the Wall Street collapse?

It has everything to do with it. This so-called "collapse" was triggered by the massive defaulting and foreclosures going on with people's home mortgages. Do you know why so many Americans are losing their homes? To hear the Republicans describe it, it's because too many working class idiots were given mortgages that they really couldn't afford.

Here's the truth: The number one cause of people declaring bankruptcy is because of medical bills. Let me state this simply: If we had had universal health coverage, this mortgage "crisis" may never have happened.

This bailout's mission is to protect the obscene amount of wealth that has been accumulated in the last eight years. It's to protect the top shareholders who own and control corporate America. It's to make sure their yachts and mansions and "way of life" go uninterrupted while the rest of America suffers and struggles to pay the bills.

Let the rich suffer for once. Let them pay for the bailout. We are spending 400 million dollars a day on the war in Iraq. Let them end the war immediately and save us all another half-trillion dollars!

Isn't it time that the richest country in the world had a decent system of social security with a health service, paid for by everyone on European lines, so that we have a fit and healthy nation?

Hey Wickes those were mortgages they were told they could afford by people who are supposed to be experts. You've been fed false info by the "Dog and Pony" show. This isn't entirely the fault of those people who bought homes, then had their deceptive interest rates jacked up on them. Here's a quote from the founder of J.P. Morgan the company that just swallowed up WAMU, J.P. Morgan himself

Capital must protect itself in every way...Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd.
-J.P. Morgan

Turn off your tv and radio and do some real research.


If people really knew what all this meant the number would be 100%

Haha, I'm pissed but I'm not going to forget about it anytime soon!

I want an independant Wisconsin! Separatists of Wisconsin Unite!

Here's a better question:

What percentage of Americans UNDERSTAND the bailout of people with mortgages that they can't afford?

I think this will explain more to you,
http://youtube.com/watch?v=g-U0TAP6ZsM
http://youtube.com/watch?v=iCE3mCXLoLI