Does it matter how fast they act on a Treasury Bail Out

some agree we should act as quick as possible - Austrian Airlines (AUA) Chief Executive Officer Alfred Oetsch addresses the media during a news conference in Vienna July 29, 2008. Oetsch said the Austrian government should sell its entire 43-percent stake in the carrier and urged a quick decision about privatisation to avoid drastic cost cuts. (Reuters)
United States
September 23, 2008 9:26pm CST
Im not sure myself but I just feel safer if it took another few weeks but wonder if that just allows more panic to build up but if they pass it too fast does that mean people are agreeing to things they would not normally agree to had they had the time to see the whole picture or think it out, like the Iraq War?
1 response
ersmommy1
@ersmommy1 (12588)
• United States
24 Sep 08
As I understand it, the bail out is for the corporations. Not for the little guy holding the mortgage. At least in the short term. So I don't know that another few weeks is going to help. And it will end up on the tax payers shoulders either way.
revellanotvanella
@revellanotvanella (4033)
• United States
24 Sep 08
Yea, I am beginning to feel like the corps are trying to buying themselves some time to cover their own butts and this bailout is only a temporary fix, look how they have been spending recklessly, 700b is pocket change, but not for the taxpayer, thats whats sad--why dont they put it back into the taxpayer, we are the ones who made it possible for these big players to rise up where they are, we once drove the economy