Take your page A7 scitte sheet report and shove it, Boston Globe!!!!
"On the street, much uneasiness over bailout plan; But many fear the fallout from taking no action" by Jonnelle Marte, Globe Correspondent | September 29, 2008
As details of the $700 billion rescue plan being molded by lawmakers became more concrete yesterday, many New Englanders remained uneasy about what would be the largest government intervention in financial markets since the Great Depression.
Most of about a dozen people interviewed in downtown Boston yesterday afternoon said they thought the government's massive bailout was rushed, worried it would have unpredictable consequences, and felt it was unfair that taxpayers had to be tapped to correct a problem caused by Wall Street financiers.
But.... ?
Still, some said that while they were not thrilled about the government's approach, they feared the financial crisis would only get worse without the intervention.
Translation: the Globe went out and asked people what they thought, then grabbed the ones whose opinions CONFORMED to what AGENDA they are PUSHING!!!
It's nothing news, readers. They do it all the time!
"Something has to be done right away, but at the same time it needs to be thought out," said Peter Emerling, 28, a financial analyst from Beacon Hill who was walking his dog on Tremont Street in front of the Boston Common and sipping on an iced drink from Starbucks. "America as a whole [fell into the crisis]. It's all of our fault."
Yeah, not like THIS GUY would be BIASED in FAVOR or anything!!!!
The plan includes provisions to let the government insure some of the bad loans instead of buying them, and would require the government to make a plan for recovering its losses after five years. There would also be a limit on how much compensation the executives of the companies can get - a relief to those taxpayers who have little sympathy for the CEOs of some of these large financial firms.
Pffftttt!
See Why the Bailout Bill is a Bad Bill for a BETTER DESCRIPTION of the PLAN!
James Coughlin, 23, of Quincy, said: "I think we need more government regulation," said Coughlin "I think if we don't do it, the whole world market will crash."
Did the BRAINWASHERS ever get to this dope, huh?
Donna Sagner, 54, from Bangor, who was walking in Downtown Crossing with her husband, Ron, questioned whether the bailout would benefit the average American.
"I want to see something that's going to protect the middle class, because our income is shrinking," said Sagner, a registered nurse who is taking on extra shifts and said her 401(k) has deteriorated in the past few weeks. "I work hard, and I'm tired of my money being taken from me." --more--"
We are RIGHT WITH YOU, lady!!!!!!
