My common sense says, Instead of using millions and billions of dollars to bailout these companies, Why dont they help eliminate alot f the debt Americans have by paying the debt for the companies, becuase if they are gonna give money away they should give to all tax payers not these companies that want to keep you in debt with so much interest. Wouldnt that help us and help the credit companies as well becuase they are the ones rcvng the money but they are eliminating many americans debt at the same time.
What do you think of this thought??
If you are over 35, I’ll elect you the president. That is the argument that most of the middle class is using. They are drowning in debt.
on Sep 2nd, 2009 at 12:19 pm
If you are over 35, I’ll elect you the president. That is the argument that most of the middle class is using. They are drowning in debt.
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on Sep 2nd, 2009 at 1:01 pm
I live in the UK and understand the fiscal issues with what our governments are trying to do.
We must restore world lending, then lending to the ordinary people like us will improve.
Once banks etc: start to move money around, then we will be able to borrow and the markets will start to increase.
Whilst no one can not afford to lend money, our economy collapses.
I see how you feel, Billions being poured in to financial institutions that have failed seems crazy and wasteful.
When small/large businesses can once again borrow from banks and employ staff, then we dare to spend our money.
I had to sell $4,000 worth of clothes for $50 and a painting for 1/4 what I paid for it yesterday.
Tax payers will never be given money, but interests rates are low.
Remember the 2 things in life you can’t Escape?
Death and taxes
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