[Revel]

Well if I were a gold bug then I would not be worried about inflation. Inflation happens to dollars.

This bailout is not going to make America a better place for more than a very short period of time. Wait and see. I feel sorry for the children who are going to be a slave to all this debt. And in the case that the US defaults...Then you are going to see a Depression like you have never seen. And it could lead to worse things than that as a few other countries would like to take advantage of us in a time of such weakness. The bankers having been made whole by the taxpayer ahead of time will swoop in to profit from the misery. It used to be called Usery. We have been used.

[GoSarah]

Well if I were a gold bug then I would not be worried about inflation. Inflation happens to dollars.

Never said anything about inflation. Rather, if you were a gold bug -- you would need a way of actually spending that money. A credit/liquidity collapse would mean collapse of many businesses. How would you spend your gold if there is no store or no businesses? When you amble over to the nearest farm 50 miles away to barter for food with gold, you'll have to contend with the starving roves of thieves ready to murder for bread. Any plan that falls back to gold, ultimately falls back to self sufficiency, IMO.

And in the case that the US defaults

Far more likely without this bailout, sorry. If the banks and credit industries all go bankrupt -- so goes the US dollar far more quickly.

However, I'll freely admit that the plan that the Democrats want will make things worse, not better. I'll be watching McCain very closely tomorrow.

[LomanBill]

[And it could lead to worse things than that as a few other countries would like to take advantage of us in a time of such weakness.]

 

That's one of the best reasons for letting the market fail now, while the military and other infrastructures are still relatively strong. 

 

If we allow this bail out, The United States of America will be bled and progressively weakened  into an unrecoverable state - and, in its place, will be something we would not want to recognize as the USA.

 

NO BAILOUT.

 

Turn the globalist carpetbagger's 1s into 0s and strip them of the illusion of their power.