Bailout Money
Posted by AskSuperZOct 25
Bailout Money!
The floodgates are open and all the corporate crocks are lining up for a cut of our money. I was reading that insurers, automakers and banks that have foreign owners want a piece of our money. The last time I check, I thought this money was only to be used for the banking system to free up lending. It seems that the people in Bush’s office are going to look for loopholes and hand the money out to anyone they feel like. And I also think they don’t have to really look for these loopholes, because they just never said anything about them when the bill was being passed. I was for this bailout plan, only because Bush’s people said it was needed to save the economy. It now looks like it’s not going to work and we we’re all sold false hope. I truly hope that the Treasury Department makes the right choice when handing out the money. And why in God’s name are their subsidiaries of foreign banks trying to get a cut. Go crying to your government for a bailout; stay away from our money. Anyway, we’re in a recession, and we need to watch our spending with the money we have left. And hopefully we’ll pull through this once again.
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