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Gazette polls



Should the federal government bail out troubled mortgage companies Fannie Mae and Freddie Mac by means such as loaning them money or buying their stock?

Yes 26% 92 votes
No 64% 227 votes
Not sure 9% 34 votes
Total Votes: 353

Note: This is not a scientific poll.

comments


July 14, 2008
11:04 a.m.

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schdygirl ( schdygirl ) says...

At a cost to who? I really don't understand why corporate greed needs to be paid for by the tax payers. They were not thinking of us while sitting in their million dollar homes, vacationing in the most beautiful parts of the world, enjoying top notch medical care, sending their kids to Ivy League schools, etc. etc. etc. I am not real interested in my tax dollars being spent on welfare for the rich so that they can maintain their life style. I understand that the entire system is at stake so people are scared, however sometimes that bubble needs to burst in order to make a new and improved system.

July 14, 2008
9:01 p.m.

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superdave1919 ( superdave1919 ) says...

I dont always agree with Schdygirl, however......well said....

July 16, 2008
9:37 a.m.

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schdygirl ( schdygirl ) says...

Ahhhhhh Thanks Superdave! It goes to show that if we (2 people with very different views on a lot of subjects) are able to agree this bailout is a huge mistake then the people on the top KNOW that it is a huge mistake as well!

I have to keep wondering why in this economy, where the people are so financially overburdened, would our government (for the people, by the people) add a 300 Billion dollar bill to our ever increasing debt in order to bail out companies that were purposely frauding the tax payers out of their money to begin with! What a win-win for these companies!

 

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