8 In 10 Fear Financial Fallout, Poll ...

8 In 10 Fear Financial Fallout, Poll Finds

There are 86 comments on the NBC 5 Chicago story from Oct 2, 2008, titled 8 In 10 Fear Financial Fallout, Poll Finds. In it, NBC 5 Chicago reports that:

A new poll suggests Americans are worrying whether their jobs, home values, children's futures and retirement plans are at risk because of the financial fallout.

Join the discussion below, or Read more at NBC 5 Chicago.

Grumpy

Hicksville, NY

#41 Oct 2, 2008
Chuck wrote:
<quoted text>
how can you blame the government for people borrowing well over thier heads. when I signed my mortgage papers I looked in the future to make sure i can afford the payments down the line not just NOW. It is not Washingtons fault alone. Yes they should have had regulations to prevent this from ever getting to this point. as interest rates went down home prices went up, and now when the ARM matures people cant afford it. thats Washington's fault, I THINK NOT. and by no means am I defending them. they did nothing to prevent the problem and neither did anyone else.
The one factor that nobody talk about is the rent gouging that goes on in ghettos so that mortgage payments are no higher than rents. With low down payments people can buy a house and have the same monthly payments. The only difference is now a bank disposesses the tenants instead of the landlord
I'm disappointed that Obama is for the bailout. It's being rushed through and nobody knows what it's all about. I'm sure the bankers will find loopholes to make it nothing more than a gift.
Val

Edmond, OK

#42 Oct 2, 2008
As a member of the sinking middle class I will be voting to throw all the bums out in November. Every one of them are in bed with big business. Sold to the highest bidder.
Do not take it anymore

Hollywood, FL

#43 Oct 2, 2008
Send a message, vote out all incumbents!
bgc

United States

#44 Oct 2, 2008
Ben Dover wrote:
From "Bail Out" to "Rescue Plan" to PORK SPENDING....This bill has Ear Marks that will make your hair stand up. Don't bother calling your Representatives, you either be put on hold for 2 hours just so you can be hung up on. Purely TAXATION WITHOUT REPRESENTATION!!!
It is infuriating that in order to get the bailout approved, we are being forced to pay for the pork barrel spending and earmarks that were added onto the bill. What does the catastrophy from Ike have to do with the financial crisis? Nothing, it is just a vehicle for a few Senators and Congressmen to ensure their electibility in November. These are issues that should have been handled seperately, not added as these people held our country hostage by not voting for the bailout. It is a disgrace.
Kevin

Schaumburg, IL

#45 Oct 2, 2008
This bail out will not work in the long run, We the middle class and the poor will suffer in the long run.
Last year when the housing market was at it's peak, I re-financed and took a little equity out. Not for a vacation or a new car but to help with tuition for my wife. We did not want to apply for student loans, we felt we could pay for this ourselves. Had I known then what I know now I would have never done that. No body's fault but my own. So why should we bail out AIG. Maybe the Government can send me a little bit to cover my mistake.
Anyway, It may take a while but I will recover from my own error in judgment. I will just have to wait this out and hope I can recover the lost equity in my house before we need to move.

Since: Apr 08

MARYLAND

#46 Oct 2, 2008
I really HOPe the hoyse does the right thing and DENIES this BILL. Its BULLSH** what the government is asking of the common people. Nothing in the bill prtects the COMMON people..The hell with the big companies, let them FOLD up and go away.
paul felenczak

Maywood, CA

#47 Oct 2, 2008
hockey mom for obama wrote:
<quoted text>
Is that the best you can do BLAME Presidendt Carter???????In the last 32 years the Repulbicans have been in the White House, Carter 4 years, Reagan 8 years Bush Sr 4 Years CLinton 8 years Idioit Bush 8 years
We had a surplus when Preisdent CLinton left office, it took CLinton 8 years to fix things and really it only took Bush 2 years to start screwing up, and it will be up to the Dems Sen Obama and Joe Biden to fix things again, it might take longer then 8 years, Bush really messed up big time
It was a Republican Congress under Clinton that generated the surplus and it's a Democratic Congress under Bush that closed their eyes to this fiasco.
chitown lady

Chicago, IL

#48 Oct 2, 2008
Chuck wrote:
<quoted text>
Do you really think this "bailout" is going to help us, the middle class? absolutley NOT. This will only keep the CEO's of the failed financial companies in GREAT shape. And we as you said will become the Lower class because we will have to pay for thier mistakes.
AMEN!
paul felenczak

Maywood, CA

#49 Oct 2, 2008
Drowning in Debt wrote:
Why can't anybody bail ME out? Although admittedly stocks crashing impact my 401K (which I've been warned by the state won't be enough to live on when I retire),I have a bigger problem: paying my bills. As a teacher, my salary is a joke, and since the price of everything from food, utilities and everything else keep skyrocketing, the hole I'm in gets bigger and bigger. No one is bailing US out. Why can't we spend the 700 billion bailing individuals out of debt instead of big businesses and bigger pocketbooks? I can't even afford to file for bankruptcy.
You were offered a salary prior to accepting employment. You agreed to that salary when you took the job. Stop complaining about something YOU agreed to and live within your means.
paul felenczak

Maywood, CA

#50 Oct 2, 2008
Val wrote:
As a member of the sinking middle class I will be voting to throw all the bums out in November. Every one of them are in bed with big business. Sold to the highest bidder.
I'm with you, Val.
paul felenczak

Maywood, CA

#51 Oct 2, 2008
Every time this bailout is up for a vote the DOW goes in the toilet. The one day the "do nothing Congress" did nothing the DOW recouped almost 500 points. Now it's back in the $#itter. NO BAILOUT, CONGRESS, LISTEN TO YOUR CONSTITUENTS.
chitown lady

Chicago, IL

#52 Oct 2, 2008
Chuck wrote:
<quoted text>
how can you blame the government for people borrowing well over thier heads. when I signed my mortgage papers I looked in the future to make sure i can afford the payments down the line not just NOW. It is not Washingtons fault alone. Yes they should have had regulations to prevent this from ever getting to this point. as interest rates went down home prices went up, and now when the ARM matures people cant afford it. thats Washington's fault, I THINK NOT. and by no means am I defending them. they did nothing to prevent the problem and neither did anyone else.
Chuck,

There were plenty of people trying to tell them what was going on. i am not saying the bailout is a good idea...I am outa work too. I did not cause this anymore then you did. This was a failed BUSH policy that all americans should have a house. I blame HIM....i was taught that a house is something you save hard for. NOT given to you. The people who couldn't aford the payments, teir lenders by passed the system.. Trust me....I saw plenty loan commitments....What was a builder to do?????? It wasn't my place to tell the lender they were nuts. And trust me I tried.......just keep in mind Chuck that 20% of foreclosers were given to green card aliens...Not American Citizens, but green card holding aliens. They couldn't pay and poof, hello homeland....this I also seen...these foreclosed homebuyers brought NOTHING!!!!!!! NOTHING!!!!! They were borrowing 100%....how is that buying a house. No money down no nothing.....Yeah Chuck, we need a bailout, it os the governments fault...They all hand in their GREEDY pockets...And look at us now! is the bailout gonna work? I have my doubts..They were going to pass it whether we like it ou not.....We the people of ther United States had no say! We those very same Americans need a bailout.......And a job
Grumpy

Hicksville, NY

#53 Oct 2, 2008
paul felenczak wrote:
<quoted text>
It was a Republican Congress under Clinton that generated the surplus and it's a Democratic Congress under Bush that closed their eyes to this fiasco.
For the first 6 years of the Bush administration, it seems to me it was a Republican Congress, or do you think this mess started less than 2 years ago?
Justice to All

United States

#54 Oct 2, 2008
chitown lady wrote:
Seems like middle class are yet screwed again.......Why should we care about overseas markets? Because they own most of the US thanks to these same aholes who caused this problem in the first place. These fats cats are still allowed to WALK away with thier huge paydays, while we sit here not knowing which way is up. I am ashamed of all these so called elected officals for yet again SELLING OUT THE MIDDLE CLASS....Why wasn't something written in to help us out ??????? I have already lost my job due to these damn lenders. Wasn't my fault. 20% of foreclosers were given to people who only had a green card....Guess what, they couldn't afford the house Bush wanted them to have and got the heck outa dodge....Boom...How is it that a green card got you a mortgage? I have seen loans with 4 people on it all with GREEN CARDS only........This is what lenders did. And now we sit.....I sit jobless...trying to make my own mortgage payments, I for one am sick of all your backstabbing elected officals saying one thing to get elected and screwing us all over after you are.... Your all twofaced. Live with your own failures you caused the American people. Sleep well at night knowing people once middle class are now in sinking to poverty..Do you care???? NOPE! You just continue to sit there yelling "WHATS IN IT FOR ME"? You should all be ashamed of yourselves for what YOU let happen on your watch. One more sad rality, just how much money have all you elecdted officials made on this whole mess? Care to tell us........You all make me sick....Am I proud of America today???????? No I am not......Look what you, Washington have done to us.....Live with that....
You can't blame this on Bush. Why not talk to Obama who helped train Acorn on how to harrass bank managers to get questionable loans passed. Banks would turn someone down and Acorn would harrass the bank managers until the loans were approved. Why do you think the democrats are fighting so hard to get financing and safety for Acorn? Acorn is one of the most corrupt groups and Obama used to train the people on how to intimidate the banks to get questionable loans passed. Although, I notice we tend to ignore that. It is easier to blame Bush, I am not a Bush fan but I certainly believe Obama is by far more guilty and so many want him to be our next president. What are people thinking?
paul felenczak

Maywood, CA

#55 Oct 2, 2008
Grumpy wrote:
<quoted text>
For the first 6 years of the Bush administration, it seems to me it was a Republican Congress, or do you think this mess started less than 2 years ago?
I'm saying that the problem is rearing it's ugly head NOW. The only thing people were complaining about two or three months ago was the price of gas, windfall profits of oil companies, and illegal immigration, all of which no one seems to give a hoot about anymore. All of the banking and finance committees in both houses of Congress are chaired by Democrats. It was their responsibility to manage this. The President, regardless of who is in the White House, rarely knows everything about everything. Congress calls the shots as far as policy goes. The media is still calling this a 700 billion dollar bailout, I mean rescue plan, I mean relief plan when in fact in the last 24 hours it's increased to 850 billion thanks to Democratic pork.
Indepedent

Miami, FL

#56 Oct 2, 2008
Again, we are all accusing the Republicans, but i am going to ask were was Christopher Dodd and Barney Frank, of the Banking Committee when the subprime revolution was going on. I work for a reputable and honest title company who was not crooked and I predicted this chaos since 2005 and no one believe me.( I was crazy) Now I am suffering the consequences of a dead market. Everyone was making money the brokers, realtors, appraisar companies(some crooked with no scruples)and banks with no income verification programs. As long as the money was comming in no one cared. I can believe that mortgage companies and banks could not foretell this disaster just by reading these mortgage documents. If you are all going to blame someone, blame both sides of the aisle. The democrats had control for two years.
THE BOTTOM LINE IS GREED, GREED,GREED, CORRUPTION CORRUPTION AND MONEY BEING MADE FROM SUBPRIME INVESTMENTS.

Write to your Congressman and Senator that if something is not done for the middle class you will not vote for them again.



democrats
Holycrap

Milwaukee, WI

#57 Oct 2, 2008
President George W. Bush said Thursday that "a lot of people are watching" the House as it considers financial rescue legislation and said lawmakers must listen to voices urging passage.

What voices, the ones in your head George! 70% of the taxpayers surveyed do not want to bail out Wall St.
This is supposed to be a government of the people, by the people, for the people, but it's more like a dictatorship with you George Bush as the dictator.
PISSD

United States

#58 Oct 2, 2008
HAS ANYONE READ ABOUT ALL THE PORK IN THIS BILL TO SUPPOSEDLY HELP THE AVERAGE AMERICAN? IT IS RIDICULOUS TO SEE OUR GOVERNMENT STRAIGHT ROBBING US AND IT GETS EVEN BETTER WHEN YOU THINK OF THE SOCIALISTIC VALUES WE ARE ALL GOING TO GET IN THE FUTURE.WE MAY ALL BE GLAD THEY DIDNT BUILD A BORDER FENCE IN THE END.....
TRIPPING

United States

#59 Oct 2, 2008
THESE POEPLE TAKING ADVANTAGE ARE SCUM AND SHOULD BE TRIED FOR OUTRIGHT TREASON!!!!!!!!!!
hill billy

Dunlap, TN

#60 Oct 2, 2008
Holycrap wrote:
President George W. Bush said Thursday that "a lot of people are watching" the House as it considers financial rescue legislation and said lawmakers must listen to voices urging passage.
What voices, the ones in your head George! 70% of the taxpayers surveyed do not want to bail out Wall St.
This is supposed to be a government of the people, by the people, for the people, but it's more like a dictatorship with you George Bush as the dictator.
see you went to public school,,and was never told the truth about America,,,its government by the rich, for the rich,,,it was established by the rich,,which the majority did not want to give the common man a vote,,,then they only let the common man vote to reduce the chance of rebellion,,but your common vote does not elect the president,,,study history and tell me any where in the early country where the common man had a voice in goverment..america as we know it has only been here less than 100 years,,,and it is turning back,,

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Washington, DC Discussions

Title Updated Last By Comments
News Trump claims witch hunt, says he's most hounded... 8 min Deep Grope 259
Sean Hannity getting fired? 1 hr District10 10
Seth rich the dnc leaker 3 hr District10 36
Dumbo having leaked top secret information to R... 3 hr Civic Infidel 11
Afreakin' Dictator in Italy!!! 3 hr Civic Infidel 6
Demos hate it and are in pain 6 hr Civic Infidel 42
Saudi arms deal 7 hr HillaryFourty6 26

Washington, DC Jobs

More from around the web

Personal Finance

Washington, DC Mortgages