Viewers Sound-Off On Financial Crisis

By Nicole Wiseman, NewsOn6.com

GREEN COUNTRY, OK - Some News On 6 viewers are sounding-off on the bailout bill. They're speaking their minds and e-mailing us their concerns.

We want to hear what your feedback. Submit your comments and questions in the form above.

What others are saying:

Thursday, October 02, 2008

"I think the Federal Government should not pass this bail out. Where is the help for the people that really need it? Where is the Federal Government when the little people have financial problems? Let them learn from their mistakes just like we have to."

-- Travis, Muskogee

"How did they arrive at the $700 billion to bail this out? If there are approximately 300 million U.S. citizens and approximately 200 million 18-year-olds, that would give every citizen 18 years and up, 3 billion, 500-thousand dollars apiece. So, if I paid taxes on this amount, I would still have $2 billion to spend. I think I would rather have the $2 billion in my pocket than the CEO's. This is a whale of a lot of money!"

-- Jackie, Catoosa

"Why don't they just remove the capital gains tax and corporate tax? Corporations don't really pay taxes in the first place. Also, get rid of mark to market, it's killing us right now. They still need to do something about the current financial crisis, but a bailout is foolish, too much room for corruption. Just lend them the money and if they can't repay it, auction off their assets and move on. That's what a free market is all about, survival of the fittest. It's common sense."

-- Mike, Sand Springs

"My comment is, SURE the CEO's want a bailout. They want their golden parachute and the taxpayers to foot the bill for their exorbitant expenditures and mishandling of funds. Screw them!"

-- Debbie, Collinsville

"Now that this country is in a financial crisis, caused by Wall Street, these major company CEO's want help from the taxpayer. How come these CEO's weren't screaming when middle class blue collar workers were losing their jobs to overseas cheap labor? Because they were reaping the financial benefits from the blue collar workers "financial crisis." A local example is EDS. Over the past 7 years EDS workers in Tulsa have been losing their jobs (over 900 since 2001) as the company shipped them overseas. And our local school districts even voted to give EDS a nice 5 year tax break last year on that nice new facility they are currently building on East 76th Street North in the Cherokee Industrial Park. Cut jobs and get a nice tax break. What a DEAL. And now they are selling out to HP. When will working class Americans say enough is enough?"

-- J.B., Owasso

"Instead of bailing out the CEO's that caused this mess, why not bail out the people by paying off our mortgages? If that were done, we could stimulate the economy with the funds that we would save from mortgage payments."

-- RJ, Bartlesville

"Where did "We the people" get lost or overlooked? The bailout will last only for a few weeks... when they (government) will be back for more from US. I don't have a savings account, let alone stocks or bonds...only the rich and the few that can afford it. I'm one of the few that lives from paycheck to paycheck, counting pennies every step of the way. The people of our government make over $120,000.00 a year...WITH BENEFITS."

-- LaRee, Jennings

"I loved the way one of our reps said, "I know what the people wanted, but I had to vote what I felt was right for them." Who does he think he is? We elected him to speak FOR us, not for him to do what HE wanted to do for us.

Why should we, the little people, bail out the richest of the rich? We get taxed more while government votes in more loopholes for themselves. They have the secure retirement plans, the best health insurance and everything else a family needs or wants. And they are doing all this on the backs of the people who they are supposed to be looking out for! What a joke! They look out only for themselves and their friends and family. Who do they think they are fooling? I say vote NO on the bailout. Maybe then they will pay more attention to us all the time and not just when it's election time!"

-- LaRee, Jennings

"What are our "representatives" going to do about the 10 million angry Americans who will surround Congress after passing the bailout bill? SOMETHING needs to be done, but almost ALL economists say the bailout is NOT the answer. Throwing OUR tax money at it is not the answer. So what real alternatives DO we have? We need to discuss that in a public forum, before rushing willy nilly (like Iraq) into a boondoggle situation. (Does Bush EVER do ANYTING thoughtfully???)

-- Charles, Owasso

Wednesday, October 01, 2008

"Before bailing them out, I want to know why the people of these corporations still have a job and their pension. I think there needs to be jail time for them and fines."

-- Randy, Checotah

"There has been NO ONE watching these banks etc.,to make sure this didn't happen. I don't want to bail Wall Street. If we don't, my 40 years of hard work will go down the drain. Why don't we sue the financial leaders of these companies to have them pay for their mistakes? Our political leaders have not been doing their jobs or we wouldn't be in this mess. So what do we do? Bail out and try to save what's left or let Wall Street go down the tube? If Wall Street isn't bailed out, the worst is yet to come. You will not be able to borrow money to buy a house, a car etc. The leaders of these companies should have to pay back the millions of bonus monies they received to help."

-- Paula, Jenks

"Why, if we are in a real major crisis, is politics even involved? They need to review their oath of office."

-- James, Owasso

"Has anyone computed the monies taken by our lawmakers from the companies they are asking us to bail out?"

-- James, Owasso

"I would like to thank my congressman, John Sullivan, for voting no. The reaction from the market is a result of all the current administration's hype and fear tactics. Capitalists are abundant and will fill the gaps just as they did with the Lehman Bros failure. The market responds to expectations, the correction is needed and a bailout will only delay the inevitable, possibly making it worse."

-- Mark, Broken Arrow

"I am just coming off back surgery, since May. Lost my job because of Family Leave Limits. My 401k will tank out. I'm 61-years-old. I will be out of work probably until January. I'll be working until I'm 70 now or longer because of lack of income. Thanks to my representatives."

-- Doug, Tulsa

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