Political Roundtable Community Group
A forum for discussion of U.S. interests at home and abroad. All rational, factually based views are assumed valid (except pro-Mooselimb or anti-Israel). NO CONSPIRACY THEORIES! Name-calling of other group members IS PROHIBITED. Satire is welcome, subject to review. No such protections apply to Islamo-Fascists, Trotskyites, Marxist-Leninists, Socialists, and especially...
OH! Allright, so we're bailing them out are we? Uh, what was that dollar figure again? How about this. Us plain tax-paying folks are grated a bail out too. I would like to propose Total Absolution from any credit card debt we have incurred up do to this date -because of the economic mess our government/financial institutions/I HAVE NO IDEA WHO ANYMORE/ have created.
Everything has gone up, except our paychecks. We, therefore, charged necessities or took out home equity loans. (OK, some of us did.) We are now in the hole. WHO BAILS US OUT? kim
Everything has gone up, except our paychecks. We, therefore, charged necessities or took out home equity loans. (OK, some of us did.) We are now in the hole. WHO BAILS US OUT? kim
At first I was in favor of the bail-out as I think there's a good chance without it we'll end up in a depression. Since it hasn't happened and the more I listen to the likes of Rush, Newt Gingrich and other conservatives the more I think we ought to just let the market correct itself and live with the consequences.
Actually, what you suggest was seriously advocated by Pat Robertson when he ran for president in 1988. It's from the Old Testament, and called "The Year of Jubilee." It refers to a date every fifty years when all debts, public and private, are forgiven.
The lenders absolutely have to repay we taxpayers for this bailout. That's the rub between the DemonRats and Republicans -- the Dems just want to GIVE them the money, while Reps want to LOAN it to them.
Welcome back, Segully!