This is how you do the "bailout"
Recall all monies given to the banks and financial investment firms that got us here to begin with, and then actually bail out the American people by taking over the mortgages from said banks that gave out the liar loans and teaser loans knowing that the people would default on them. Give them out at the same rate the banks were going to pay the govt. back for borrowing our tax $$$$.
This way the banks and or lending institutions get their $$$ back and they are solvent again, the American people now have reasonable rates so that they can pay them and keep their homes, and at the same time actually pay their other bills so that all those entities (CC companies, utilities, etc> ) to will become financially better off, and the American people will once again have money to spend and help our economy flourish rather then continue down the road to ruin where we will end up with the haves and the have nots, IE; no middle class.
Or maybe I'm just effin nutz.
Re: Iraq Boots Blackwater Out = More layoffs comin
Member #: 34570
Registered: 11/22/2004
Posted:
2050
Name:
Dan Gerson
Name:
Dan Gerson
Company:
No mas cable
Occupation:
Paying bills
Location:
Sunny SW Florida.
Personal:
early 60s
Experience:
~28 years
There is 1 reply to this message
