Saturday, January 31, 2009

bail out

Except that the whole "bailout" was a government scam and never actually intended to help out the citizens, (if it were, they would not have written so many loop holes into it preventing tracking to the money) it would have been better, if you are going to throw out that much cash, to give it to the citizens.
After all, it's our tax money...

My thought was pay it directly to us to
Pay our mortages so we
a) would not lose our homes, and
b) would have the cash available to pay bills and buy things.

And as John Stewart pointed out this week on the Daily Show, wouldn't it have been better to have used the bail out money to pay our mortgages and our consumer debt which would
a) get money back into the banks (where the bail out was supposed to do),
b) put Americans back on firm footing, and
c) allow us the money to continue buying stuff...

But hey, what do we know?

check out the link above (sorry for the attached ad)
click on the third section of the time bar for the Gwen Ifill interview.

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