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Old 10-08-2008, 07:30 AM
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Join Date: Mar 2008
Location: Kansas City, MO
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Default Re: The $$$700,000.000.00 BAIL OUT, What You Think???

The part of the problem that people forget about is the entrenched bureaucracy. They're not elected and it (literally) takes an Act of Congress to fire them.

One bit from last night's debate that sounded good: McCain's plan to use the $300,000,000,000.00 in the bailout tagged for stablizing the housing market to simply buy the screwed up loans and 'reset' them. Still not something I like, since it smacks of rewarding bad behaviour / stupidity but at least it's soemthing aimed at the individual rather than just the big corp. And a lot of people got into those loans because they trusted people who got paid if the loan went through, not if it got paid off.
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