I want to 2nd that dibesnort was funny.
HOW WAS IT?????
I hope Bud isnt into reading these boards ! LOL
They should be made to live on that (oh..the hardship) instead of their millions/billions.
Something to think about anyway.![]()
Why can't a government bail-out work thusly....
1)You have worked hard and consistantly for 10 or more years.
2)You have never defaulted on a loan or borrowed more than you can comfortably afford to pay back.
3) Your credit score is 875 or more.
If you meet the aforementioned criteria, the Gov't should bail you out of all your debt, allowing you the freedom to have more cash at hand to put back into the economy. Limit one major bail-out in your life time. (Chrysler - sorry but you had yours and now you are S.O.L.)
Just think...if all of us who were careful and responsible with our debt were rewarded with a bail-out, we could buy up some foreclosed properties and new cars, and help the banks and the auto industries.
700 billion dollars would go a lot further IMHO if it was spread out amongst those of us who were wise enough to manage our debt.
This is what I want done with the money.
WOW ---- I guess Disney is really having problems with the economy.
The bailout of Citi heralds the end of a free market economy in the US. Large corporations, no matter how poorly they are run, will not be allowed to fail. Citi was our major competitor and now they have hundreds of billions in government guarantees and nearly $50 billion in direct investment. That's definitely not a level playing field. What a mess this is.
Given this reaction I don't see how the government can ignore the auto makers now.
Oops!! Change that to 750!!I thought the highest you could have is 850...???? If that is the case, Deb just came up witht the plan where the government bailed out no one...