How come, in Obamas world it's ok to bail out big banks and not help people with their mortgages?


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seems to me the people holding this country together are the ones that own the homes. if you want to save the country try starting at the core and not help out the super rich. I hear a lot of people blaming the poor folks for taking out a mortgage, but it was the banks and the gov that gave it to them. I think for...


Banks in Sweet Home, OR



Answer (3):

 
Heralda

Why do you say Obama is advocating bailing out the banks and not people struggling with their mortgages? What makes you think McCain would say anything different? Do you really think a Republican is going to give a monkey's cuss about ordinary people losing their homes? Hell no! The bailout is all about covering the losses of his criminal cronies in Wall Street.

It was Republican polices that allowed the market to be consumed by it's own greed. It is the Republicans advocating polices now that will plunge America's economy into a spiral of hyperinflation. You can bet your sweet life those buddies of McCain are going to use that money to buy gold and sit on it as the doo-doo hits the fan. They will protect their own asse(t)s. They don't care about anyone else's.

 
justagirl

Perhaps you haven't been paying attention. But in every single speech, Obama has made it clear that the people who own the mortgages need help. He was instrumental in the bailout bill including language to allow the Treasury to buy up the bad mortgages and refinance them at fixed rates so that people can stay in their homes. He just finished a rally 2 blocks away from me about 30 min. ago, and this was the focus of his speech.

 
bumblebee

Because he and McCain both have forgotten the proverb.
He who oppresses the poor to increase his riches, and he who gives to the rich will surely come to poverty. Proverb 22-16.
They are not immune to the judgements of God. The reckoning is coming.