Elfie.. don't let 'em spike yer kool-aid. There's more smoke 'n mirrors in this bailout than carters got lil green liver pills. Just as soon as somebody can actually explain why we should cut a check for 700 billion to the guy that was, in his last day job, the CEO at goldman sachs so he can bail out his wall street elite pals at the investment banks.. before we hand the better part of a Trillion or more to the same guys that screwed the pooch on their watch, lets have 'em expain in terms an average guy like me can understand.
And then I'll still tell 'em NO.
Nobody has once actually told us how bad the pooch has been screwed.. how many and how much are the defaulted loans? Who has 'em? How'd they get 'em? Since the folks that are already out on the street are getting no relief, since the folks that have already lost their 401k's, since the retirement portfolios are already wiped out.. WHAT will this plan do for them? Nothin.
Next.. the folks already in deep trouble.. any relief or write downs on those mortgages? Nope. Nada.
Elfie.. it's a damn shame.. sucks to be us. Seems better than 2 thirds of the country is up to it's bellybutton in debt.. on widescreen TV's, cars they can't afford, furniture they coulda spent less on or got used... toys they shouldn't have bought. If were gonna bail out the Corporations and not the folks that have already lost everything, if the majority of the brainless population is already out on a limb because they over extended and made piss poor choices, why should I bail their tulips out? You don't redeem sloppy performance of a money trust by handing over more money.. that's nuts!
No. Take yer lumps, America. Declare bankruptcy. Put off buying that house or hand the keys back if you bought more than you could afford... find another way get your monkey off yer back... without my money. I already wrote those ultra melons a blank check once... I still remember the thanks. This time around, I'm not signing anything.