Apparently we already overpaid the banks to the tune of $80 billion under Paulson and Bush. I seriously doubt we'll be able to get that money back. And they're still not making loans.
Apparently we already overpaid the banks to the tune of $80 billion under Paulson and Bush. I seriously doubt we'll be able to get that money back. And they're still not making loans.
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If I werent playing games Id be killing small animals at a higher rate than I am now - SFTS
Si je n'étais pas jouer à des jeux que je serais mort de petits animaux à un taux plus élevé que je suis maintenant - Louis VI The Fat
"Why do you hate the extremely limited Spartan version of freedom?" - Lemur
"A man who doesn't spend time with his family can never be a real man."
Don Vito Corleone: The Godfather, Part 1.
"Then wait for them and swear to God in heaven that if they spew that bull to you or your family again you will cave there heads in with a sledgehammer"
Strike for the South
I'm also of the opinion that many of us just plain don't want loans. We're being told the economy is in a tailspin- why would anyone in their right mind be expanding their business, buying a house or doing anything that would put them in more debt? Most of us are trying to hold onto what we have and preparing for the worst.
Ironically, doing that only serves to make the economy perform even worse.![]()
"Don't believe everything you read online."
-Abraham Lincoln
Last edited by HoreTore; 02-06-2009 at 20:08.
Still maintain that crying on the pitch should warrant a 3 match ban
That, and the fact that nobody put any restrictions on how the money had to be used, so they used it to buy up other banks and give out bonuses. With rock-bottom approval ratings and a long history of squandering any money allocated to the executive branch, Bush somehow was still able to browbeat a supposedly hostile Congress into giving up $350 billion with no oversight. I'm starting to think Bush was a political genius.
Spoiler Alert, click show to read:
The .Org's MTW Reference Guide Wiki - now taking comments, corrections, suggestions, and submissions
If I werent playing games Id be killing small animals at a higher rate than I am now - SFTS
Si je n'étais pas jouer à des jeux que je serais mort de petits animaux à un taux plus élevé que je suis maintenant - Louis VI The Fat
"Why do you hate the extremely limited Spartan version of freedom?" - Lemur
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