What to do if you banked with WaMu

I find it odd that there is no good explanation given for the need for the bail out. And what is the reason for the rush to get it? Everyone in the Media – politicians and wall street – is saying that it is necessary because people will be unable to get loans, and some other minor reason. Any rational mind person knows that to rush at such an important decision is unwise. In this case, especially, it is so necessary to move slow. Cover all bases to protect the moves from thieves who have stolen the country into bankrupt.

Sister:
The problem is in oversight and transparency. The row started when that document from Secy. Paulson stated that if the Rescue were to proceed there would be no questioning or transparency in how the Treasury spent the money. What you need is for every decision and the literature of every aggreement or law to be made public so that the people can know everything about who is getting the money and where it's going. The problem is in secrecy, why are they being secretive?
When the finalize the plan, they should give the document to the press and media and/or post it to a Government website so that all can know each word therein. How can you expect the governments you want to build in Iraq and elsewhere to be 'transparent' when you are not?
If there are any equations involved in the plan, have someone to explain them. Educate the public.

Peace and Salam.

What kind of goverment does wht they want ? I understand that some 80% of US citizens do not want a baleout ,so why is our goverment doing what they want when the people say ,we do'nt want .I was always of the understanding that this country is based on We The People, or Goverened by the people for the people. It does not seem that way anymore.

Don't bailout Wall Street. Let those companies go out of business
If the government was really " for the people " they would give the bailout money to all the 200 million taxpayers. The money would be taxed of course, which would put 25 billion back into government , but it would put roughly $300,000 in Americans pockets to pay off their mortgage , medical bills , credit card debt , start a new IRA account , start up a new business' , recover a failing business, the list goes on........... It would be a government loan that the taxpayers would be paying back anyway !!! It could be a big boost to this economy.
The next President could then focus on regulating the financial industry.

Good Morning Robin.
Isn't there anybody in government that's worried about how much money we owe to other countries? And to whom we owe it too......
Robin I'm worried. We know longer own are country anymore.
It would have been cheaper for the government to gave every one in who pays taxs this country 1 million dollars than to gave 700 billion dollars to banks and help pay off there bad debts....

WALL STREET
WHERE THE GREED OF THE FEW.
OUT WEIGHT THE NEEDS OF THE MANY

Well I just had an idea it may not be a good one, but it's just a thought.

Why not put the the bail out money into the tax payers hands The 700 Billions they are giving away. The last time I saw we had around 305 million people in the U.S. What would happen if they took $305,000,000.00 and gave a million to everyone or every family. We could then pay off our loans credit cards, home loans, and etc. Would this help the housing problems and save billions or dollars?? Well I know the answer this bail out isn't for us lower class tax payers.

It's just a thought !!!!!!!!!!!!

I see a few of you have the same idea I have. At least I'm not alone about this issue

No one will save my Home or Business if I dont do whats right...why should we save Washington for all thier greed and lack of respnsibility in taking care of our country and economy.

lol I just got another credit card offer from WaMu yesterday, and so did 3 others here, and they don't even have jobs lololol, hahahahah and they wonder why they have to keep robbing the poor blind with a persons signiture.

It's true that the middle class is in danger right now. My husband was laid off from a plant that supplied parts to GM. It took months to find a new job during which time we had to bleed our savings nearly dry, savings that was meant to buy a home. Now we are back to square one with only a few years left before our daughter is ready for college. We may not be able to send her now.
It's sad when you have to wiegh working any job you can find with the cost of gas to get to work. Our town is so small, most jobs mean a leangthy comute, and starting wages just don't cover the difference from the job he lost.
My late father in law, a retired Lt. Col. once told me most people don't know what they want, but they know what they don't want. When voters go to the polls, they don't vote FOR the person they believe in, they vote AGAINST the one the have no faith in.
I don't know if Obama is really the best person for the job, but I do know that McCain isn't.

If Wells Fargo bought Wachovia how does that affect my Wachovia stock? I paid $25.00 a share for it and now I see it is down to $3.50.
Thank you for any answer you can give me.

Robbin
i thought you were beautiful but, when you lost about 15 pound i now find you a joke. thanks for shown me that very one on t.v. is vain.!!!!

For weeks, CNN has pounded Sarah Palin because of botched interviews with Couric and Gibson. You claimed that she wouldn't be able to stand up to Joe Biden and that she lacks substance and isn't knowledgable on the issues. She was very knowledgeable on the issues although not completely accurate. The mainstream media continues to do a beatdown on Sarah Palin and when she shows she can stand up to a veteran senator, you beat her down more. She handled herself extremely well and showed that in the face of adversity the average American can succeed.

For weeks, CNN has pounded Sarah Palin because of botched interviews with Couric and Gibson. You claimed that she wouldn't be able to stand up to Joe Biden and that she lacks substance and isn't knowledgable on the issues. She was very knowledgeable on the issues although not completely accurate. The mainstream media continues to do a beatdown on Sarah Palin and when she shows she can stand up to a veteran senator, you beat her down more. She handled herself extremely well and showed that in the face of adversity the average American can succeed.

George
Cedar Rapids, IA

Interestingly enough, on the issue of energy, it was Biden who stated that he and Obama wanted to do the same thing that Gov. Palin did in Alaska. Well then, who needs Obama/Biden? Gov. Palin has already done it. Points for Palin!!! McCain has an excellen running mate with a great deal of experience and ability.

En español:
SEÑORES DE CNN Porque NO trasmiten el Indice de la Bolsa de Caracas- VENEZUELA

You know what's pretty funny.... in the last 2 weeks a lot of these banks that are selling out, shutting down going bankrupt getting "BAILED OUT", They've all spent hundreds of thousands, even upwards of a million dollars celebrating the fact that their top sales presidents club, saying they have had record breaking sales in the past years and the future shows no signs of slowing down. I remember this one real estate company their top salesman sold a low income housing project for millions more than what contractors and other realtors said it was worth and if im not mistaken he also took a $10 million cut from the sale. Now WaMu is going down too, oh well KARMA sucks don't it. I guess everyone gets what they deserve eventually and for all those who feel the Bailout plan is the right thing to do then i wish you all the best of luck that you don't screw us all again and this time if you do hurt us it will be 850 billion times worse then before you said yes.