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Bail outs

Tam

Well-known member
The US has bailed out the Banks
The US has bailed out the auto makers
Now the Real estate speculators want to be bailed out
What do you think, who should be next? :???:
 

Cal

Well-known member
I'm hoping that anyone in Congress that voted for all of these bail outs are going to have to bail out of their seat after they're voted out at the end of their terms.
 

Bullhauler

Well-known member
Cal said:
I'm hoping that anyone in Congress that voted for all of these bail outs are going to have to bail out of their seat after they're voted out at the end of their terms.

I doubt if that will apply to your good buddy John Thune.
 

Mrs.Greg

Well-known member
Cal said:
I'm hoping that anyone in Congress that voted for all of these bail outs are going to have to bail out of their seat after they're voted out at the end of their terms.
With huge pension plans they voted in for themselves no less...

I don't really understand how countries that are in recessions can continue to bail out these company's etc :???:Wheres the money coming from,do they just print some off? Who's going to PAY that debt off??? Why do I get the feeling its us..... :?
 

Tam

Well-known member
Mrs.Greg said:
Cal said:
I'm hoping that anyone in Congress that voted for all of these bail outs are going to have to bail out of their seat after they're voted out at the end of their terms.
With huge pension plans they voted in for themselves no less...

I don't really understand how countries that are in recessions can continue to bail out these company's etc :???:Wheres the money coming from,do they just print some off? Who's going to PAY that debt off??? Why do I get the feeling its us..... :?

Our grandchildren and there children are who's going to be paying off this debt. I would like to know why when the banks were bailed out to the tune of $350 billion and are to recieve another $350 billion in the US why aren't they doing their jobs and loaning that money out to help the rest of the economy. I guess they are to busy using the money to buy up other banks and paying themselves multi million dollar Christmas bonuses as a reward for the great job they have been doing, to worry about their customers. :roll: :x

According to the New York Times in 1999, Democrat President Clinton caused this problem by incouraging Freddy and Fanny into Subprime stupidity. Then the Democratic Senate for the last 8 years which included another Clinton and the new President reject Obama did nothing to stop it, even after being warned this was going to happen if they weren't reined it. So I hope the Democrats are the first to bailout of their seats as they caused this problem and tried to blame the Republicans and Bush. :x
 

NMRANCHER

Well-known member
Tam said:
The US has bailed out the Banks
The US has bailed out the auto makers
Now the Real estate speculators want to be bailed out
What do you think, who should be next? :???:

Where do I get in line at?
 
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