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Len 5328 1472 Jenison	Re: BAILOUT Will Not Solve Problem!!! 9/30/2008 12:45:46 PM
	Hi Jim, My vote is NO! And I am very glad it did not pass! Polesi and Democrates are very anxious to hang this economic bailout around the necks of the Republicans. This is all a politcal ploy to help Democrates in this election season. Did you notice how many Dems did not vote for this? Especially the ones who are up for election this fall did not vote for this. What does that tell you? I think Treasury Secreatary Paulson should be fired by President Bush! for helping create this artifical crisis with the Democrates which would be give him the power to use the $700 billon as he saw fit. The under Secretary should then take over. This is all Politics by the Democrates.. there probably is not economic crisis that the market could work out with the government who actually truth be told this is where the problems got started. If we have a crisis it is in the government! Barney Frank and his democratic cronies in congress should resign! Len
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Kathleen 11447 13305 Grand ...	Re: BAILOUT Will Not Solve Problem!!! 9/30/2008 12:51:02 PM
	They should do something else with the $700 Billion such as give it to the American mortgage-holders. Rush Limbaugh said that's enough to pay pay off every mortgage that's under $75,000...or give everyone half of what they have left to pay on every morgage in America. That would free up a lot of our money that we could put into the economy instead of paying high house-payments every month.
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Jim

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Re: BAILOUT Will Not Solve Problem!!!

9/30/2008 2:59:30 PM

The view from Silicon Valley

While Wall Street writhes in agony, how are things in the land of tech? Well, maybe not business as usual. But there are certainly worse places to be.

By Jeffrey M. O'Brien, senior editor

September 30, 2008: 12:41 PM ET

Venture capitalist and hedge fund manager Peter Theil.

Seagate CEO Bill Watkins.

(Fortune Magazine) -- The heads-down, can-do entrepreneurs, and libertarian-minded financiers who populate the tech industry aren't typically the sorts to long for a government handout. But in the wake of the Treasury Department's $700-billion-plus rescue plan, Peter Thiel speaks for many when he asks a simple question: "What happened to the dot-com bailout?"

Thiel's not serious - at least not entirely. As founder of hedge fund Clarium Capital and VC firm Founders Fund - with early investments in Facebook, Slide, and LinkedIn, among others - he doesn't need anyone's charity. But as far as bailouts go, his point is that rescuing the Valley would have at least sent a positive message. Even the most vapid online pet-food delivery business looks benign next to arcane financial instruments designed to line the pockets of investment bankers. "It is an odd reflection on the priorities of our society," Thiel says, "that we value finance over technological innovation."

http://money.cnn.com/2008/09/29/technology/View_from_Valley_OBrien.fortune/index.htm

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The view from Silicon Valley

While Wall Street writhes in agony, how are things in the land of tech? Well, maybe not business as usual. But there are certainly worse places to be.

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