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Since the United States is part of a global economy, should other countries help bail out failing banks?

Results so far:

Yes
33% 99 votes Total: 297 votes
No
67% 198 votes

by Anthony Megna

Created on: September 24, 2008   Last Updated: January 16, 2011

Countries have no business bailing out failing banks! Let the market work itself out. 

Why is it when other countries get into trouble, America is always there to help? Well, the shoe is on the other foot, and the sleeping giant needs some tender loving care.  But not when it comes to the marketplace!

The United States has spent roughly 200 million dollars per day for the Iraq war to help free the Iraqi people. We have lost lives, treasure, and our international reputation over this war. Iraq is loaded with oil. They have rich reserves of this inky black booty that we should get to help defray the cost of this expensive war. I can't understand why we can't get repaid with some of this oil. Even though people and other countries might squawk about it, so what? We are the ones that took the most risk and lost the most lives defending their freedom, or I should say giving them freedom, so why shouldn't we get some money back?

The US is hurting right now. Seriously hurting. We need some help from other countries for this bailout mess. Why should the American taxpayers take it on the chin AGAIN? We've been taking it on the chin forever it seems. Look at the second world war and the cost of that monstrosity. France still owes us. Did we ever get paid? No.

Why should we repeat history over and over again? Since we're in tough financial straights, no matter who's at fault, we could benefit a bit from using some of that Iraqi oil right now. High gas prices, higher taxes, higher food prices, falling home prices, squat for interest rates at the bank...all of this is a volatile mix. A witch's brew that could lead us into the worst depression ever. There's more to come as well. Nice, isn't it? Well, let's do something about it now.

One of the first things we can do is ask nicely for some of that oil. If we are refused for any reason, then we must demand some of that oil. No more Mister Nice Guy I say. We've been nice long enough. We've sacrificed for the benefit of others. We have taken it where the sun don't shine long enough. Enough is enough.

If we don't start taking some definitive action, we aren't going to be able to take any action in the future because we won't have a future. If you think I'm exaggerating, think again. Just take a look at what's happening on Wall Street and Main Street and if that doesn't convince you we're in serious trouble then you've been on another planet.

It's time for a groundswell of change. Definitive change that will replace some of the much needed capital we have blown through to keep other people free. If other countries don't voluntarily help us for a change, then we have to start getting tough. NOW, NOT TOMORROW!

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