Oklahoma CEOs urge approval of bailout plan

Full story: News 9 Oklahoma City

A group of leaders from 16 major employers in Oklahoma are asking Congress to approve a federal bailout of the country's financial industry.
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1 - 20 of 25 Comments Last updated Oct 20, 2008
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gfrank

United States

#1 Oct 1, 2008
If the government bails out the finacial system then they need to bail out every business thats about to go under. Why should we bail them out ? If they had not paid their CEO'S millions of dollars in bounses then they would not be in this mess. I say to bad they should have had better business sense than to give out loans to high risk people.
Steve

Yukon, OK

#2 Oct 1, 2008
This is the wrong list to post if you are trying to evoke sympathy for a bail-out. Most of these corporations are already receiving big tax breaks from the government and are quite used to asking for breaks for their various organizations. Those not already getting into the government's pocket are connected to the main cause of the problem. Maybe you should have tried to develop a list of names from blue collars, oh that's right, not to much hope for that as they are the ones that will end up paying for this.
Maybe these guys could get a consortium together that could invest in this rather than using tax dollars. No, that isn't going to happen as the return on their investment wouldn't justify the expense, so let all the taxpayers handle it to spread out the pain. Yea, I can see how these guys are going to suffer.
Rudy Lang

Oklahoma City, OK

#3 Oct 1, 2008
I have to buy what I can afford. I don't believe we should bail out anyone who miss manages their business. There CEO's make millions to miss manage their business and the trust of the people. Let them pay and leave the taxpayers along. Why should we pay for their mistakes. We have to pay for our own. I don't feel bad about the home owners who has defaulted on their loans. They shouldn't have ask for more than they could pay and the lenders shouldn't have loaned the money to people who couldn't pay.
custard

United States

#4 Oct 2, 2008
HELLO, MR. TOP CEO. YOU GOT CAUGHT UP IN YOUR OWN GREED. you were well paid to watch out for the investments of the share holders,did you?? I believe not. YOU, MR. CEO were well paid to oversee and watch over the corporations and companies, where were you??? lost in your greed. did YOU watch out for your investors, other than yourself????? I know you didn't. you only had concerns for your ownself, didn't you. MR. CEO, YOU LET GREED CONSUME YOU AND GAVE NO FORTHOUGHT TO THE FUTURE OT DAMAGE YOU COULD CASE, DIDN'T YOU!!! WHY DID DID YOU NOT THINK OF ME AND MY 401 K PLAN INSTEAD OF LETTING YOUR GREED OVERCOME YOUR SENSE OF RIGHT AND WRONG. nOW THAT YOU HAVE LOST A LARGE AMOUNT OF MY MONEY, MY 401 K RETIREMENT IN ALMOST GONE THANKS TO YOUR GREED, THEN YOU COME TO ME, THE TAXPAYER AND WANT A BAILOUT. YOU HAVE SOME NERVE. WHO IN HELL IS GOING TO COME TO MY RESCUE AND SAVE ME???? THS LITTLE GUY THAT HAS LOST MY JOB, LOOSING MY HOUSE, YOU BEGRUDGE ME FOOD STAMPS, EXTENTED UNEMPLOYMENT, MOVED MY JOB OVER SEAS, BRING IN CHEAP FOREIGHN LBOR. AND YOU ASK ME FOR A BAILOUT, SO I SAY NOT ONLY NO, BUT HELL NO.
custard

Hurst, TX

#6 Oct 2, 2008
WELL FOLKS YOU CAN REALLY blame our on a man made SENATE BILL BOUHT ANF PAID FOR BY LOBBYIST courtesy of OUR ILLUSTRIIOUS TEXAS SENATOR PHIL GRAMM. THE ENRON LOOPHOLE, AS YOU surely guessed by now drafted by well paid ENRON LOBBYIST and senator PHIL GRAMM. (called COMMODITY FUTURES MODERNIZATION ACT OF2000,7USC 2 (H)(3) and (G)which exempts which exempts over the counter energy trades and trading on electronicenergy commodity markets. no tails folks n regulations or oversight by the SEC (SECURITY EXCHANGE COMMISION) all appointed by bush not even voted on in the senate. this law was put into H.R. 4577 (106th ) congressCONSOLADATED APPROPRIATIONS ACT, 2001on dec. 15 2000 at 6:39pm thus, enabling wall street to be deregulated and run will WITH GREED. HOWABOUT HAVEING A THOOROUGH INVESTION ON WALL STREET. NEVER HAPPEN FOLKS, TO MANY GUILTY PARTIES AND TO MUCH MONEY PASSED HANDS. tHIS IS WHAT CAUSED YOUR GAS PRICES TO GO UP SO MUCH == GEORGE BUSH SIGNED THIS BILL INTO LAW. AFTER HE IS AN OIL MAN, BET HE LIKED IT.
Pat Glenn

Guthrie, OK

#7 Oct 2, 2008
Executive compensation is the biggest culprit.
Give the CEOs nothing and the stockholders that approved their Golden Parachutes even less.
shuman

United States

#8 Oct 3, 2008
freeze their assets, make them sleep under a bridge, eat at the local jesus house, sent them to prison for fraud. they wheen they get out, they can walk the ditches out collecting cans, so no mercy to them after they didnt care about anybody else.
custard

Fort Worth, TX

#9 Oct 8, 2008
YOU FOLKS ARE DREAMIN,there will be no prison terms for truly guilty ones, or our legislators who helped the lobbyist write this bill. BUSH walks free also. there willl also never be no oversight for the bailout bill that was just passed. just as there has ben no oversight of the BUSH ADMINISTRATION. only you and me will pay for this blunder of a bailout. same thing happened in the reagan and daddy bush admonistration during the deregulation of the SAVINGS AND LOAN FIASCO. WE STILL OWE MONEY ON THAT DEBT ABAILOUT TO. JUST WHAT FOLKS HARDLY NO ONE IF THEY HAD POLITICAL CONNECTIONS WENT TO PRISON THEN EITHER. ANOTHER BAILOUT TO BE PAID FOR BY YOU AND ME, ALONG WITH OUR LOST 401Ks
custard

Fort Worth, TX

#10 Oct 8, 2008
yep folks, the rich just got richer and me and you just got broker.

“Jesus beat satan”

Since: Nov 07

Location hidden

#11 Oct 8, 2008
How the Wall Street Gangbangers set up and ripped off America:

http://www.cbs.com/thunder/player/thunder.php...
Keep It Simple

AOL

#12 Oct 9, 2008
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered." - Thomas Jefferson 1802
CUSTARD

Fort Worth, TX

#13 Oct 10, 2008
to president bush I do not want to thank you for your thoughtless oversight of wall street. you let tour appointed REGULATORS SLEEP AT THE DRIVERS WHEEL ANDCRASH WALL STREET INTO A DEEP WELL. BY THE WAY WHERE WAS YOU AT?? AT YOUR RANCH IN CRAWFORD TEXAS ON VACATION I BET. THE MAN YOU APPOINTED TO SEC, PAULSON SURE WAS ASLEEP--THOUGHT HE HAD KNOWLEDGE OF THE SITUATION ON WALL STREET===DAM HE WAS FOUND SLEEPING AT TE WHEEL WHILE DRIVING, SHOULD YOU NOT WAKE UP THOSE DRIVERS THAT YOU HIRED. THEY JUST KEEP ON SLEEPING. GOD HELP US WE NEED NEW LEADERSHIP WHERE THERE HAS BEEN NONE.
CUSTARD

Fort Worth, TX

#14 Oct 10, 2008
dang they found another BUSH appointee sleeping agin, he had stopped at a red light and dozed off at the wheel.
chicken farmer

Fort Worth, TX

#15 Oct 10, 2008
TO KEEP IT SIMPLE i QOUTE "if the american people ever allow private banks to control the currency , first by inflation, then by deflation, the banks and corporations that will grow up around the banks will will deprive the people of all property until their children wake-up homeles on the continent their faters conquered." THOMAS JEFFERSON 1802 old thomas jefferson knew so long ago, IWONDER WHY TREASURY SEC. pAULSON HAD NO INSIGHT, NOR THC CHAIRMAN APPOINTED BY BUSH, HAD NO INSIGHT INTO WHAT WAS CCURRING ON WALL STREET WHEN THAT WAS WHERE THEY HAD RECENTLY WORKED. THSHOULD BE FIRED NOW THEY WOULD HAVE TO BLIND TO HAVE NOT KNOWN WHAT WAS GOING ON. WHAT OTHER REASON WOULD THEY KEEP LOWERING THE INTEREST RATES RIGHT TO RECENTLY. BY THE WAY THOMAS JEFFERSON IS RIGHT ALL THE WAY. the banks have created high inflation, especilly for the working class people. how about those hih interest rates you pay on your credit cardit debt. pretty high is it not. does it not cause you inflation. bet PAULSON GETS A REAL LOW CREDIT CARD RATE.
yok

Bixby, OK

#16 Oct 10, 2008
No bailout = no liquidity = millions of businesses,that would normally not be in trouble, in deep water.....take off the blinders ppl

“Jesus beat satan”

Since: Nov 07

Location hidden

#17 Oct 11, 2008
Civil war anyone? Throw the bums OUT!
Club Fed

AOL

#18 Oct 11, 2008
It will soon be far worse than Civil War.

America is about to fall thanks to the greedy scum in Washington D.C., the bankers, the Wall Street high rollers, and Corporate CEOs.

And we all get a front row seat to watch America crash and burn.

F.E.M.A. Camps soon to be opening in a theater near you, film at 11.

Marshal Law at midnight.
scooby

Dallas, TX

#19 Oct 11, 2008
exactly,the ceos want the bail out plan so they can get their 20 million dollar bonuses for ruining these big companies and bush is all for it hey their his buddies
scooby

Dallas, TX

#20 Oct 11, 2008
Club Fed wrote:
It will soon be far worse than Civil War.
America is about to fall thanks to the greedy scum in Washington D.C., the bankers, the Wall Street high rollers, and Corporate CEOs.
And we all get a front row seat to watch America crash and burn.
F.E.M.A. Camps soon to be opening in a theater near you, film at 11.
Marshal Law at midnight.
you have nailed it i applaud your comment, i couldnt have said it better myself, most people will be watching the news wondering how all of this could happeh scratching their heads
LandOfTheBrave

AOL

#21 Oct 11, 2008
FEMA CAMPS don't provide TV's. Sorry.

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