Friday, April 25, 2008

police and fire pensions

rappers

must they wait until age 55?

Rappers overwhelmingly say police and firefighters should wait until age 55 to receive their pensions…but a number of e-mailers disagree…see what came into the rapp session e-mail box-

In my opinion, I feel as though if they earned it, they should get it when they are entitled to it.  It is not their fault this state is in the disastrous mess it is in.  Further more, that crazy guy who is enforcing all the changes in the pensions with these workers should really get a life.  Also, this business of changing the pension system even for people who have already earned it is insane.  If you are going to change the system, you should at least grandfather the people who have already been working so hard towards this goal.  It just isn’t fair. 
Jaime N
PS, I am neither of the above workers….  this is a strictly unbiased point of view.

Senator Alves is rattling the cage of an animal that should be let alone. If I started as a firefighter or a cop at age 18 I would be on the job over 35 years by then and quite possibly burnt out, now imagine getting hired at age 30 or older! I may want to enjoy my well deserved and hard-worked-for pension a little early. Senator Alves needs show more appreciation and compassion for those who serve us. It’s pathetic how 7 years ago, bringing action like this would be sacrilegious and career ending for a politician.
Guess we just need another tragedy to grease the wheels.
Spencer J, Warwick
No, especially police officers, should not have to wait until age 55. It should be determined by the number of years of service, for example 22 years, or 25 years. Given the nature of the work, this seems more than reasonable.
Jane, Johnston

Not everyone can stay physically fit or in good physical health until age 55. Taking into consideration the jobs they do, it would be beneficial for them to be younger rather than older, especially later in their careers. If required for everyone, there will undoubtedly be older officers and firefighters working in the streets. Can you see a 55 year old chasing an 18 year old? Let’s not lose quality in place of quantity.
Dan, Cranston

All city, state employees should have to wait to collect their pensions same as social security, 66 years old for full retirement or reduced retirement at 62 years which is a 30% reduction in benefits. We the public that finance their retirement can’t afford to retire because we have to pay for their early retirement benefits!
Mary S

No…. They should have to wait at least, until they reach age 62, preferably age 65.  However, should they have a job-related disabling injury or illness, they should begin to collect a pension immediately and the pension should be awarded based on the percentage of that person’s disability, using the VA’s model for making the award.  Their eligibility and disability status should be reviewed every three, or so, years.
Joe T,  East Providence

“$2 billion in unfunded liability that cities and towns owe” who is responsible for that? Certainly not police, firefighters, laborers and Unions!

The unrelenting anti-labor administration and its contract with America oversaw the privatizing of corporate profits and socializing its losses on the backs of the taxpayer. The Unions did not outsource American jobs overseas and across borders to create wealth that works for who? The American worker is hurting, but no one is offering a bailout. They come up with trillions of dollars for foreign wars and banker bailouts, but no money for Social Security and Medicare.

They borrowed big to spur growth and bet heavily on debt-strapped American consumers ability to repay negative equity. Booming prices for food, rising gasoline, electricity, heating and water bills give Americans less to consume. Retail sales sink, layoffs mount, and wages falter.

The parasites to the system and protected criminals in the temple with their complex debt-instruments, shady derivatives and junk bonds; society’s planners, resource allocators are serving their own short-term interest, skimming off excessive profits and bonuses, getting a salary to speculate and gamble and not get stuck with the risk.

we need to dismantle this corrupt Ponzi-system, and rebuild the economy on a solid foundation of productive labor, worker solidarity and and above all the redistribution of income and purchasing power away from the system which flows to the top two or three per cent. Then people will actually be able to afford a house, not default on credit and have money for health care.

Or start handing our keys to the bank, buy a tent, cut our jobs work on a corporate farm illegally for food.
Zuke

WHAT THE HELL HAS AGE GOT TO DO WITH IT ? IT’S WHAT THE CONTRACT OR RULES THAT ARE AGREED TO BY BOTH PARTIES THAT DETERMINE WHEN AND HOW MUCH.
Capt. Cod

If Police/Firefighters are required to wait until 55 to collect their pensions then they will probably stay until 55. This makes for the most unsafe and Dangerous for these people.( Fire and Police have a Heart and Lung bill built into the system), this raises costs but Fed mandated. Firefighters have “used up their bodies” by about 40-45 years of age. If they came on the job at 21-25, and retired at 20 years the cities would only have to pay 50% of salaries, by making 55 the age to collect they stay and now have 34 years or so and after 32.5 they are to get 75% of salary. Studies have shown that Firefighters die of heart attacks 8-12 times higher than others in the age group due to “surprise waking” and going flat out at 2 am to a fire and working for hours. If someone has a heart attack, and lives the city is responsible for .667% of their pay Tax Free and full benefits. It makes sense to allow retirement after 20 years and pay a smaller pension than chance millions extra if that person lives with a heart condition for 25-40 years.
V.S.
ret’d Prov.Fire Dept

...and how long has this been in effect?  You mean they think they should get their pensions earlier than that?!  How absurd is that compared to what our own state’s National Guard soldiers have to wait until they get their retirement checks?  Your state soldiers have to wait until they are 60 years old to collect retirement checks and you think police and firefighters deserve better than that?  I’ve been trying to help push the “Retire at 55” legislation for all National Guardsmen that’s been going around the entire nation, but I heard it’s not even on the table for discussion yet.  Let’s think about this for a minute….your state soldiers and airmen are being led into a warring country, fighting off terrorist aggressors, human “bombs”, insurgents aggressively attacking military posts and killing citizens and soldiers every day…...police and firemen may be putting their lives on the line, too, but every day like our state soldiers are doing?  If police and firemen can collect at age 55, why haven’t the state legislators pushed to award their own soldiers the same privileges?  Yes!  Police and firefighters who are to collect pensions at age 55 should wait that long…...why give it to them any sooner when a state soldier comes back from the war, scarred from wounds, a leg missing, an arm missing, has to use a wheelchair to get around, and when he/she is old enough to collect their retirement checks, they have to wait until they’re 60 years old!  Give me a break!
C-Ann-C, Coventry

Yes! The unions have forced us into a Ponzi scheme. It doesn’t take a genius to see that working for twenty years then collecting for twenty or thirty or more, is unsustainable. It may have been acceptable in the past, but people live much too long now.
Bill, Portsmouth

1. Governor takes pay cut.  And furlough days. A 50% cut wouldn’t hurt him given all the perks.
2. All his Appointed friends in high places also get pay cuts for 45% and unpaid medical.
3.Turn OFF the heating systems in ALL State Bldgs.(seasonally, and regulate the thermostats to 62degrees!!!
4. All judges are to pay INTO the retirement systems and take a pay cut.
5.How about attempting to draw MORE TAXPAYERS INTO the state, instead of Driving the current ones out of state with over taxing.
6. If you review the state employment structure, you will notice a larger quantity of upper management, Directors, Managers, Assistant Directors,Associate Directors,  Assistant managers….delete the positions to ONE manager or Director not both!
7. Why does the state college need a senator on the payroll.
8.Why exactly does a retired Governor need to be a “governor in residence"at the college, collecting another salary?
9. Where exactly is old stone bank? And it’s employees?
10. How about a higher pay-back requirement from the crooks . ( Mollicone, Pari,  etc.)
DM

I think that ALL state workers, including teachers, should have to
be 55 years old before collecting a pension. Give a tax break to all
the people who won’t get pensions, but pay taxes that many times
pay for the “double-dippers” who collect pensions one after the other. However, I heard somewhere that 85 percent of firemen retire on disability, and they collect 2/3 of their pay tax free; that’s like a full pay; police and firemen will retire on disability even more. pay now,pay later
stuckin ri

Due to the fact that it a mandatory retirement, I have no problem with them collecting their pensions right away. Is the state hoping they will pass away before they have a chance to collect?
Lee L. Woonsocket

Friday, April 18, 2008

snitch on illegal immigrants?

rappers

should we get paid to turn them in?

a proposal at the rhode island statehouse would share any fines against employers of illegal workers, with the person who informed on the law breakers.  the idea of a virtual bounty for turning in illegal workers, got rappers thinking.  here are their ruminations.  add yours at the end.

YES YES YES.  Employers who knowingly employ illegal immigrants (at lower wages and no taxes)  do not support the government nor the state.  So the tattler would be making a profit instead of the business owner.  Hip Hip horary.  Joyce

I am a first time respondent.  I don’t believe “a bounty” should be paid to anyone.  If the racist political machine of Rhode Island wants to find these illegals they should have to take the time to search for them.  This is just another example of the racists in the state house attempting to pit everyone against one another!  The same way they fought against the Narraganset Indian Casino pitting everyone they could against the tribe.
B.W.

Absolutely not!!  Giving a portion of fines collected to those who “rat out” illegal immigrants would be tantamount to condoning vigilantism.
The situation in RI is bad enough now with undue suspicion being leveled at anyone who may seem “different” for any number of reasons.
We need to take a breath and consider more reasonable solutions to deal with this very complex issue.  There are no easy answers to this problem.
Angela R, Warwick

Yes, I think there should be a bounty paid but I also think that there should be a punishment for people that just want to harass hard working, non english speaking citizens.  How can anyone really tell these days who is legal and who is illegal.  Another idea is to give drug tests to all welfare recipients.  That could save us a lot of money.  Imagine no illegals AND money for people that need it.  hmmmmmm, that’s just crazy now.
Bonnie, Pawtucket

Yes, I agree wholeheartedly that a bounty be set in place. It’s about time we cleaned out our state, since it seems the Feds only want to debate the issue, and/or grant an amnesty. Look in any dictionary, and the word ILLEGAL is generally defined as ‘Contrary to established laws.’ If used with the word Drugs, possession of, use of, is a criminal act. Where does the meaning change when describing an Immigrant who has not entered this country by the standards that all previous immigrants have had to adhere by?
Food for thought.
Bill

Would I give some one up for being illegal, yes.  I have been job hunting for a while, and am a bit older.  Most jobs want bi-lingual, Spanish. 
I want a job, I want my kids who pay taxes to have a job.  I don’t want to pay to educate an illegal person,  I don’t want to pay for the hospital fee, or a translator for someone who can’t be bothered to learn the hosting country’s language.  I am tired of paying for lazy people, if you want to live legally, in this country, learn to speak the language, pay your way. 
That’s the “American Way”, we also fly one flag! 
Pam, Warwick

yes, there definitely should be. The majority of illegals in RI are getting a lot for free (welfare, food stamps, low income housing) from us legal tax payers. having a bounty for employers or any one for that matter would definitely get many people to turn illegals in.  If they want to be here they should do it the right way and learn our language.
Wilfred A

No, On top of Racial Profiling we will now have Vigilante Justice.  This is not right and should be stopped.
Illegals should be handled by the Feds, Not RI State troopers and Local PDs.  Now on top of that you have people dropping dimes all over the place so maybe they can make money.
The sad truth is that Business owners have a strict set of rules they must go by when hiring and can only go so far without infringing on people’s rights. So, the idiots on Smith Hill want to punish innocent business owners because someone might not be legal.
Reminds me kind of like the Witch Hunts in colonial New England.
Makes me so proud to live in this state.  this Gov needs to get back to trying to figure out how to deal with the budget mess that he and the fools on Smith Hill have created.
Judith

Try this on for size. Obey the laws of the United States and the State of Rhode Island because that’s what responsible citizenship is about. Bounties aren’t desirable as an underlying premise for good or responsible behavior. It would also be refreshing if elected officials and their subordinates carry out their constitutional and statutory oaths to execute the laws. That means all of them. Even those with which they are not in agreement. If they can’t find their way to do that, they should seek other lines of work, period. Meanwhile, why don’t you poll whether or not Rhode Island residents want the immigration laws enforced? Afraid that most residents don’t agree with your biases? Too bad!
Binyamin E

Absolutely! There are rewards given for tipsters for reporting on other criminals – illegal immigrants are criminals. The bleeding heart liberals will undoubtedly say the illegal immigrants aren’t hurting anyone, but they are. Their presence and failure to pay taxes causes a larger strain on our already overburdened budget. They should come to the United States the right way…or not at all.
Tammy C,  West Warwick

I’m one of the state employees who is on King Don’s “B” lay-off list, which where postponed to June,  I got an idea perhaps he’ll hire me back as bounty hunter, through Smart Staffing!!!!!!!!!!
Wyatt Earp

Oh God no! Where as I do not agree with people being here illegally this is not the way to go about it. The first thing that came to mind when I read that question was Hitler Germany and neighbors turning in neighbors to survive. This whole thing is going to end up making victims out of the illegal aliens. They will be afraid to contact the police if they are a victim of a crime which to some people will make them easy targets. Hey, let get them. they won’t report it kind of thing.
Yes crack down on the employer’s that hire them but having the local police enforce this is the wrong way to go about it. Turning neighbor against neighbor is just wrong.
Gagnet

Absolutely!  Illegal is Illegal no matter what race, creed or ...... !  Need we say more?
‘Tired of paying people who break the law’
Ann-Marie
No Bounty.  Concerned citizens should do this without a bounty.  All police should do their job and turn illegal immigrants over to immigration officials for deportation. Immigration officials should deport them ASAP.
Also, police/court system should notify immigration if someone that is here with a green card commits and is convicted of a felony.  These immigrants are supposed to lose their privilege of being in the USA as soon as they commit a crime.  Who’s checking on these folks I wonder.  All of us are paying the price for these criminals too.  We are the victims of the crime and then we get to pay for their jail time or their probation and they don’t get deported.  We can spot a Taliban fighter from a drone but we can’t seem to find criminals right in front of us.
Kelli, South County

I am still amazed that logic on this issue seems to be non existent. I spent my life trying to obey the laws of this country, state and locally, the word “illegal” seems to be selective depending on who you are.
As for paying a “bounty” for reporting illegals, why reward anyone for obeying the laws or reporting law breakers. Its a sorry state of affairs when people who DO obey the laws are made to feel they are doing wrong by expecting the same from people who come into this country, state or locality.
MAS

What part of illegal doesn’t every one understand. It’s OK to call if you see a drunk driver! If your going to let illegals off, the next thing should be bank robbers and drug dealers. Or are they not illegal?
Sea Rap      

Although I agree to harsh penalties against employers who hire illegal aliens; I certainly don’t want to reward someone for reporting the act. It should be done because it is the right thing to do.
Rene L.

Why should the state pay us to snitch? Whether we are supposed to turn in a person who is breaking the law or not, what’s next? Ten dollars for every stop-sign creeper? No thanks! 
Jeff, Pawtucket

I believe no rewards should be tendered to anyone “ratting out” another worker.  Too many people would use this avenue to make a buck and to advance themselves in the company workplace.  We deplored Hitler why should we be copycats.
Bob

While acknowledging that illegal immigration is a problem in which people hold deeply held convictions, one can’t help but be offended by the: “Are you broke?  Wanna make a fast buck?  Turn in that neighbor ya know is just some illegal alien!  That guy that got the promotion at work, ya know he’s not legal.  Right?  Yeah, make an easy $25!  Operators available 24/7.  Call now… “ 
No matter which side of this matter one happens to be on, this methodology will create far more problems than can be addressed.  What would the verification process be, and who would control that function?  Would those “Identified” be ousted within 48 hours, 72 maybe?  Where would they be held?  The list of logistics goes on, and with stretched police forces, and a decimated National Guard, would this function be “Outsourced”?
One can easily envision lines of people waiting, en masse, to be deported.  Many of the people identified, by neighbors and coworkers, principally, will be identified, not because they are known illegal aliens, but because they may be unliked or resented simply because they’re from another country.  McCarthyism returns- in 2008!  Whodathunkit! ?
Mark-Alan L, Providence

There is no homeland security with out border security !
Breeding an atmosphere of contempt with individuals that are coming across the border based on their race, rather then focusing on how they get through that border and how to reform that border system in a manner in which the border can be enforced in a humane and professional manner reveals how out of touch this administration is. Out of touch ? Nay they conspire to build a North American Union. The vehemently anti-labor party with its “free” markets, “free”
trade, free-floating currencies, deregulation, privatization, globalization, derivatives, hedge funds, private equity, wildcat mortgages and leverage-without-limit collateralized debt obligations
(CDOs) credit default swaps(CDS) and mortgage-backed securities (MBS) exotic “financial innovations” that are not regulated. Has gutted out the working class.
They’re even eyeing our pensions. Enriched beyond imagination with windfall profits while We lose our jobs, our homes, our sons in wars without end to protect their lifestyle they seek a scapegoat; a fascist gestapo system is being put in place.

A strong economy requires a strong workforce and an equitable distribution of wealth. When money is concentrated in the hands of the few, and the political system to the needs of its people; and the nation’s laws and institutions are shaped to reflect the ambitions of rich and powerful; That is not the American dream its a Ponzi scheme.

As long as the borders are not secured, illegals will keep coming. hold the administration responsible for its utter failure to keep them out.
Zuke

I live in the area of the country where whistle blowing is frequent.  There is no difference between a whistle-blower and a “tattler”.  If there is compensation for one, there should be for the other.
Grace,  N.M.

I don’t think we should reward American citizens for doing what is expected of them. It is the responsibility of every American to report illegal activity. This is my country and I do not need rewards to help defend her. Thank You.
Lee L. Woonsocket

What is wrong with this country?  No I don’t believe anyone who rats out these illegals should get paid.  They are here illegally and should be thrown out asap.  Stop paying for their health coverage, their food, etc. Why are they given benefits when they should not be in this country?  THEY ARE ILLEGAL and should be treated as such.  What would happen to us US Citizens who wanted to get into their country?  This is unbelievable.
Kathy, Harrisville

I almost didn’t answer this one because I couldn’t decide if that was a good idea. I think the law already allows people who point out government corruption or tax fraud to share in the spoils, so this seems an extension of that.
However, encouraging people to snitch on their neighbors was a Nazi tactic.
Bill, Portsmouth

so-called journalist

bill rappleye and bin

didn’t like the question

this week’s rapp session asked if there should be a bounty paid to citizens who point out illegal workers.  it’s from a bill in the package of immigration bills at the statehouse.  i get the following response from a viewer:

Try this on for size. Obey the laws of the United States and the State of Rhode Island because that’s what responsible citizenship is about. Bounties aren’t desirable as an underlying premise for good or responsible behavior. It would also be refreshing if elected officials and their subordinates carry out their constitutional and statutrory oaths to execute the laws. That means all of them. Even those with which they are not in agreement. If they can’t find their way to do that, they should seek other lines of work,period. Meanwhile, why don’t you poll whether or not Rhode Island residents want the immigration laws enforced? Afraid that most residents don’t agree with your biases? Too bad!

so i tell him-
I don’t ask that question as to whether citizens want the laws enforced because I don’t like surveys that result in unanimous consensus.  What’s my bias? What’s your problem? 
Keep watching, and thanks for writing.
bill

My problem is how phony your class of so called journalists are. Your so called question reflects the distorted point of view most of your class exhibit.
It also explains why mainstream America holds most “journalists” in contempt.  Bin.E

i say to mr. bin-you’d be better informed if you opened your ears and eyes and listened and watched what we do, rather than jump ugly because your skewed view of the planet is not represented by objective observers.  i still don’t know what in the world you’re thinking my bias is, when asking a question that i thought might get a balanced response…some people find it unattractive that we’re being told to snitch on our neighbors.  others say it’s the least we can do to protect our country from being overwhelmed.  the results of the survey (http://info.mgnetwork.com/autopoll/poll.cgi) bear this out.
i’d suggest that the problem is not with the journalists, so-called or otherwise, but with the prejudices of people like you, bin, who can’t believe there may be people out there who don’t see the world through the narrow prism you have adopted,
write on!

 

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Friday, April 04, 2008

bear stearns rescue

rappers

30-billion to bankersx and investors

Not too many people sympathize with the financiers whyo say Bear Stearns needed help to keep our financial system afloat.  Most of you, that’s more than 90 percent, say the bail-out of the giant investment bank was wrong.  Here are your opinions.

Let’s see.. hhmmmm $30,000,000,000 divided “buy” 300,000,000 American people comes to…hmmm,more people better able to bail themselves out of debt.
or better yet divide it between everyone whose lost a home or has credit card debt or pays high fuel, food, rent or utilities bills.
Redwolf

No way should the government bail these institutions out.
Alfred s

There should only be assistance of private institutions when there is a danger of one failure snowballing into collapse of an industry ,or where the unemployment that would ensue would be of great cost to the general population. In our state the potential closure of community hospitals due to heavy financial burden is an example where public assistance would certainly be well spent.
Russell L

Big investment houses that were exempt from federal regulation will use Policy makers and Judges that have interest and stock in keeping the casino going in favor of the house to cover up the fact that they have utterly failed to fulfill their fiduciary duties, inflicting long-term harm on the working class.
These financial wizards did not lose their shirts on the sub-prime mortgage disaster, they got out while it was good and Stuck the loss to their fellow wo/man.
These officers and directors allowed the imprudent investment despite the fact that they clearly knew or should have known that such investment was imprudent.
Will you let me take your money and loan it to a crackhead and let me take my cut and let you deal with getting your money back ?
Zuke

It’s not the institutions that need the bailout, it’s the people, such as my family that got caught up in the subprime and predatory lending schemes that need the help.  We’re the ones losing our homes, livelihoods and families because of it.  Give the people the money
Sue T, Lakeland, FL

I do not think we should be bailing these companies out!  If I make bad investments, who bails me out??  No one, and no one should…..my fault, my loss.  I am tired of hearing of people being bailed out for being GREEDY!!  Elaine, Glocester

If I owed that much money to people, would my government bail me out?
No because, I am not a special interest group and I can donate to their campaign fund.
Leo S, West Warwick

Most definitely NOT ! We should not bail out Bear Stearns. If it were you or I looking for a bail out from a financial blunder there would be no government assistance. I don’t want any of my tax dollars spent trying to help save a company that was out to take advantage of people who were stuck in a sub prime mortgage “Black Hole”.  Thirty billion dollars is a lot of money and it could go a long way toward helping people who are truly needy. This craziness of giving our tax dollars away to “Pork Barrel” projects or foreign assistance or financial bail out’s must stop. If the politicians in Washington feel so bad for Bear Stearns then I think they should all donate all their personal assets and their salaries, to help bail out Bear Stearns. As for me…I would rather sit back and watch a company like Bear Stearns drown and if they were to ask me for help….I’d throw them a ROCK.
Fred G, Shannock

This government, state or federal has no connection to its constituency. We are played as cash cows (taxes) to finance idiotic policies. Examples of genius planning—consumer/service economy (manufacture nothing ,just consume) sub-prime mortgages (bad credit, cannot handle daily expenses, maybe a mortgage will help!!) “gambling” to balance state budget (a dependable income , you can BET on it). What we need is a new political base, not lawyers and union officials but someone with financial or accounting backgrounds. The Bear Sterns etc. celebrated huge profits for years in the housing bubble my feelings now -the free ride is over- I didn’t get any of their profits and they shouldn’t get any of my money (taxes).
Risk equals Return.                         
      B.Mac, Cumberland
It’s a catch 22 situation. If you over-regulate banks etc. they won’t do much business. But if you let them do whatever they want to do, it brings on shady practices. However, once the horse is out of the barn, it’s too late to regulate. Now you have to restore confidence in the system. The only way is a bail-out to stop the bleeding. Then repair the system.
the bank stank

Of course we should, we wouldn’t want to decrease their opportunity to SCREW US.  OUCH, I forgot that I had my tongue in my cheek and I bit it; actually I should have bitten it before I said that we should bail them out.  LET THE S.O.B.s SINK AND THEN THROW THEM A BOULDER !!!  A REALLY BIG ONE !!!!!!!!!!!!!!!!!!!!!!!!
Joe T East Providence

By all means, let us the tax payer take it in the posterior one more time.  Singularly, we’re just poor, dumb smucks!  Together we’re a mass of boobs with a seemingly bottomless wallet.  After we bail out Bear Stearns, let’s identify some other deserving Wall Street Fat Cat institution and hand out an early Christmas bonus.  Hey, where can I sign up for this dole?
Robert c

Must be nice to have a deep pocketed parachute packing admirer who can bail out the bigshot risk takers.  You can call it the government but it really is US paying for the parachute!  Maybe we SHOULD have privatized the SSA and all retirement funds letting the investments in Stearns issue the coup de grace’ to those who REALLY NEED a parachute.  The best is yet to come…er…or I mean the worst.  Our house of cards is tilting and class wars are on the horizon.
Leave me alone daddy government!  Let me be free!  Oh Oh I’m in trouble!  DADDY!  DADDY!  COME QUICK!!! No! No! I don’t want advice or regulation.  Just refill my toy box and GO AWAY AGAIN DADDY!!  I’ll call you if I need you!  GO clean up football like that nice Spector guy does….we got this handled….... right…..... after you bail us out!
You can always invest in the military complex.  You may need it. Hey I have another investment idea…. Halliburton! Can you invest in a company recently moved to the Arab Emirates?
Dave,  Harmony

I don’t normally answer a question with a question but here goes. Who will bail us out when we go bankrupt? The” Genius” should have the answer without taxpayer help. Let them sink.
Lee L. Woonsocket.
No. No. No.
I’m sick of taxpayers having to bail out incredibly stupid people. Those financials morons were greedy enough to lend money to anyone, with no regard for anyone’s ability to pay it back, so they could pocket millions of dollars in commissions and fees. They deserve to lose their shirts. Furthermore, they should all be fined heavily.

Dee
Johnston