What is Missing from the Bailout Proposals, and how MSNBC once again put their own agenda ahead of country.

Bailout Matching Funds. Has anybody in the media even mentioned the possibility of bailout matching funds?

Anyone needing a bailout from the government should have been required to submit cost saving measures that would be immediately implemented. The idea that big business put their hands out and asked for money without submitting any type of documentation that they too were getting leaner and meaner is something that the mainstream media, led by MSNBC, missed.

Instead of questioning the rapidness with which the bailout bill was moving forward, MSNBC chose to scapegoat John McCain and his desire to postpone the first debate and get back to Washington to discuss the bailout bill. MSNBC actually broadcast all day long with a position that the 700 billion dollar bailout bill MUST PASS!

Two months later and the big three automobile manufacturers want a 25 billion dollar loan, but can the big three offer some type of payroll and overhead costs reductions? The big three want a 25 billion dollar loan, can they put up 2.5 billion in cost cutting measures as collateral?

The term is Bailout Matching Funds, the matching funds don't have to match one to one, but at least put forth an effort. Once again, MSNBC compromised their role as a news reporting channel and instead steered the original bailout bill discussions into their own agenda of passage of the bailout bill without real discussion, while also attacking John McCain for wanting to focus on such an important measure by postponing the first debate.

And these MSNBC clowns want to run our country for the next four years?

Stock Market loses 1.1 trillion in one day over 700 billion dollar bailout bill rejection.

At first thought, one would say it's a "no brainer" to pass a 700 dollar bailout plan if it prevents a one day 1.1 trillion dollar loss on Wall Street. It would also have been a no brainer to come up with a stimulus package for consumers that encourages consumers to pay down their debts, especially OLD, unsecured DEBTS.

Reducing OLD CONSUMER DEBT may possibly be the least discussed option by financial gurus, yet it makes the most sense. Old debt is money owed on unsecured purchases that a consumer has been paying interest on for more than four years yet the principle has remained the same or barely inched downward during that time span.

Wall Street bitterly clings to OLD consumer debt as a source of income in the same manner a dog chases it's own tail. Wall Street wants to be bailed out of current bad loans, but why? So they can make new loans to whom, people still trying to pay off old debt? Wall Street and the Government can only pack so much debt onto the backs of its citizens, then it's either relief, or imprisonment.

Relief is simple enough. Just allow consumers to pay off OLD DEBT interest free. The banks already have made a ton of money off of the interest that has already been paid on the old, unsecured debt, now the consumer gets to pay back the rest with no more interest charges. The plan is so simple, and worthwhile, that not even a peep has been heard in Congress, from the president, nor from Wall Street, because this plan actually helps the consumer first. The consumer in turn would help everyone else. The consumer helping the higher ups is a plan that just cannot be stomached by the egoists in power, shame on them.

Lets have REAL CHANGE, Instead of the Government Saving the Bankers, how about the Consumer Saving the Economy.

Because the consumer continues to be under represented in important, national issues, the government makes knee jerk decision based on input from the actual kneejerkers that caused the problem in the first place. Fixing the economy is easy. Empower the consumer by waiving all interest charges on old debt.

Empower the homeowner by waiving interest payments for a year or two. Even if the payments remain the same every month, apply the ENTIRE AMOUNT towards the principal. This will do a heck of lot to help the economy. Discourage buying things on credit or with 12 months no upfront payments.

If the economy gets back to being real, then the condition of the economy can be reassessed in six months to a year and adjustments made that that time. Nobody is willing to acknowledge that the banking and investment industry suffocated too many people by having them pay too much in interest. Nobody is willing to take the government to task for wanting to much in the way of taxes without providing anything to help the economy.