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Question of the Day | 02/18/2009 11:00 pm

Should federal bailout money be given to individual states when they are responsible for their own shortfalls?

© iStock
Joan Ganz Cooney

Joan Ganz Cooney | 02/18/2009 11:00 pm

Joan Ganz Cooney on What It Would Mean if the Government Didn't Bail Out the States

Yes, yes, yes. If the states start having to cut to the bone, it will mean fewer police and higher crime rates and certainly a severe cutback in services such as garbage collection and Medicaid and other programs for the poor. Do we really want to return to the bad old days of the ’70s? I don’t think so.

Marlo Thomas

Marlo Thomas | 02/18/2009 11:00 pm

Marlo Thomas: Better to Give to Governors Than to Strangers

I think the more we allot money to the individual states, the more likely it will be spent addressing their own unique problems — whether it’s for school modernization or infrastructure repair. Better to hand over the bucks to the governors and other state officials who know better than anyone else where the money needs to go.
Joan Juliet Buck

Joan Juliet Buck | 02/18/2009 11:00 pm

Joan Juliet Buck: What About the Banks?

And the banks aren’t responsible for their own shortfalls?
Liz Smith

Liz Smith | 02/18/2009 11:00 pm

Liz Smith on Bailouts: 'Let the Obama Guys Figure It Out'

I don’t know the answer to this. I am going to sit here on the sidelines and let the Obama guys figure it out. There is no justice and certainly no justice in what happened to this country during the recent past. But if money can get us out of the mess we are in, I am all for it. Individual states probably deserve as much money as the banks, as much as Detroit, and so on.

Mainly, I believe we need to stand behind the Obama system and not start correcting, criticizing and smarting off before they even get a chance to try to fix things.

I know why some Republicans are opposed to everything Obama suggests; if it all fails then they can say, "We didn’t vote for it"; but if it fails, then we’ll all be in the same boat going down the river.

So I suggest all Americans consider getting onboard and cooperating instead of carping.

Click here on this text to read my New York Post column.

113 Reader Comments (so far…) Sign In or Register to comment

Robert Thompson

"Nearly half the U.S. is not happy"

Including Tennessee!!

By Robert Thompson on 02/20/2009 12:18 am
C. Aune
I myself want to see how they justify voting against one of the biggest tax cuts in history :O
By C. Aune on 02/19/2009 9:58 am
Steve Douglass
Ummm…because it’s spending twice as much as it’s cutting? Helloooooo
By Steve Douglass on 02/19/2009 11:02 pm
C. Aune

And that IS how you stimulate an economy..by spending

Tax cuts make up 38% of the stimulus, Republicans wanted 40% tax cuts, so they vote no over 2%? hmmm

By C. Aune on 02/20/2009 8:55 am
Dee T

It’s our money! It’s our loan… we the people. And we the people, alone, didn’t create these shortfalls. In many cases it was the shortfalls of government decisions and big businesses.We the people will be paying this back and then some, so help us get back on our feet so we can start.

By Dee T on 02/19/2009 5:11 am
j.m. sch.
I have mixed feelings on who should get the stimulus money and be in charge of it. It seems like we are throwing a band aide on a wound that needs stitches. Yes we need to take care of those in need ie: homeless, hungry etc.  But we do not have to become a country of enablers and co-dependents. Here is an example of someone who shouldn’t be receiving monthly money.  If you live in a city or an area of high rental properties you will understand this.  A woman lives in a 2 family house on our street.  She has a young son.  While in a conversation with a few of our neighbors and myself she introduced herself and I quote "her miracle Baby".  As she explained what the miracle was we all became angry.  This is her miracle she no longer has to work because he has autism and she now receives Social Security for him plus section 8 to cover her rent, food stamps, HEAP, medicare and best of all she doesn’t have to worry about transportation since for $20 a day she calls the medicare transport and they take her any where she needs to go.  All this woman does is drink, drug and boyfriend living with her (who also doesn’t work). This is NY state. This is how our taxes are being spent.  We would be in better shape in this state if this type of behavior was not allowed to continue. This is our time of change and we have to help with this change.  We can not just sit back and allow our money to be wasted or spent the wrong way.  Do what ever you can make phone calls, send emails, get your friends and neighbors together.  Sitting still and not speaking up for 8 years helped to get us in this mess. We voted in this caring , wonderful President so it is up to us to help him in this change.
By j.m. sch. on 02/19/2009 5:54 am
Libra Lady
j.m.  I agree, very good post.  My sister-in-law and her husband are trying to rent out a house  in LA, and I think it is called section 8, not sure, where they are given out vouchers to people to assist in  paying  for the rent…twice now they have had two different people who have these so called vouchers, come look at the house to rent, and one drove up in a BMW, and the other one in a Lexus!  I just don’t know how you control this problem.  The system is broken and there are no answers.  Thank you for your post.
By Libra Lady on 02/19/2009 8:27 am
Chris Glass`
There will always be people that learn to game the system in any government program. But that doesn’t mean the majority of people getting aid are abusing it. If you think that she or anyone else is defrauding you state government there should be an abuse hotline.
Let us not forget that there are thousands of parents with autistic children struggling to get them into programs in the hopes of helping them. Few of them get the benefits this woman is obviously getting.


By Chris Glass` on 02/19/2009 8:36 am
phyllis Doyle Pepe
Good response, Chris. As you said there will always be people who take advantage. The states are bleeding. They need transfusions!  And who said the states were responsible for these dire straits? 
By phyllis Doyle Pepe on 02/19/2009 9:07 am
Rose ~~

"There will always be people that learn to game the system in any government program. "

 

Yeah—They’re called US Corporate CEO’s, Bankers and Republicans. 

By Rose ~~ on 02/19/2009 12:42 pm
Rose ~~

Arianna Huffington [has a degree in economics] on Jay Leno, about the bailout, etc. Both of them making more sense than all the Bankers and most of Congress put together. 

http://www.huffingtonpost.com/huff-tv/arianna-on-tonight-show-d_b_168122…

By Rose ~~ on 02/19/2009 6:00 am
phyllis Doyle Pepe
As much as I admire Arianna, ( the fact she has a degree in economics does not make her an economist) her suggestion that we let the banks fail is ludicrous. Without  solvent banks not only this country but world wide will fall farther in the tank. As egregious as it is to help these banks, it has to be done. Government in this case, unlike Reagan’s maxim of it being the problem, is now the only solution––like it or not.
By phyllis Doyle Pepe on 02/19/2009 5:23 pm
Belinda Joy

Yes it should.

Our country failed over the last 8 years under the leadership of a Republican administration. Millions of Americans didn’t vote for Bush, but none the less because we are all citizens of the nation, we rose and fell together as one. The same can be said for individual states. It isn’t fair for constituents of a state where their governor and his/her respective administration misused their monies, must suffer.

Those in these states will now have an opportunity to pay closer attention to what goes on in their state and have a voice in how funding is spent. The argument could be made that they should have been paying attention all along and making sure their Governor was on top of things. But I would argue that is easier said than done. Look at us as a nation, we allowed the President and Vice President of the U.S. to trash our constitution, drag us into two wars, put us in the financial crisis we are in, and we allowed it to happen.

By Belinda Joy on 02/19/2009 7:25 am
Anita Pimmel

Failed?

I don’t think so. 10’s of thousands of Islamic extremists killed. Millions to go.

Millions didn’t vote for Bush:

59,934,814 Americans, voted for McCain.

(They can’t all be racists can they?)

Life isn’t fair. My tax dollars shouldn’t be supporting a bunch of sofa kings.

I know, lets vote for somebody who is going to give me money earned by the toil of others!

Explain "trash the constitution"???

2/18/09 Obama authorizes 17,000 troop surge in Afghanistan.

Congress, Fannie Mae, Freddie Mac loan deadbeats money for houses they can’t afford causing major failures of the banking industry.

9/11, Katrina, Iraq, Afghanistan and congressional spending, (both sides), like drunken sailors got us here.

Obama’s answer… More spending!

Brilliant! Transparent! Hope and Change! Group Hug!

By Anita Pimmel on 02/19/2009 11:56 am
Chris Glass`
Yes but with some accountability. We can’t forget that some states are having problems because they are so many government mandates that are under funded or not funded at all. States are required to come up with money to implement these programs often undercutting local programs that benefit residents more.
The decisions made in Washington are not one-size fits all for every state but the state or commonwealth governments are required to carry them out.

By Chris Glass` on 02/19/2009 8:24 am