I was going to say China. but I see your point.
China will be there, at the garage sale
We will be fine, we need no bailout, the government needs to stop spending money.
Bush has a great idea , ( We will be printing more money ).
OBAMA 08
The hope is that the GNP continues to grow for the next decade, which would make it possible to recover from this. Of course if we bail out these companies and still have a recession, we’re in for some hurt.
Once they go bankrupt?
News Flash - bush already bankrupted the Government and has been borrowing and borrowing from communist China.
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The government works for the people, we do not work for the companies, and we need not let these companies control our lives and our income. Do we get do overs? Do we get bailouts?
please come together and speak as one, not as a party, you are citizens of the U.S not the party
please consider my question
There won’t be a bail out. There will be an invasion. Possibly by China.
here is how we can save $850 billion! Do a search on Global poverty act of 2007. Obama spends this on one bill!!
They already are bankrupt. We are owned by foreign nations who buy U.S. Treasury notes.
It’s called raising taxes. And besides I don’t believe were going into a depression any time soon.
The Federal Government has an enormous reserve of assets including real estate, hard currency, technology. You could see a selling off of huge assets to generate more cash into the government coffers. Or, the government could raise taxes until they pay it down.
This whole thing is making me very delusional about our political system. Politics have boiled down to nothing more than who can pander to more people - so “the government” (read, you and me and everybody else) keeps spending more and more and more money on well…everything. Now WE (not the government, this is our money) are going to be forced to pay 700 billion to bail out some institutions who went belly up on some ill conceived subprime mortgage fiasco? Eff that. That’ll just trigger more debt, and will only temporarily offset a pending depression. The recession/depression/whatever you want to call it is unavoidable. We just keep digging ourselves into a deeper and deeper whole with this government intervention. You need free markets to thrive.
You must be kidding right? The government itself doesn’t need any bailouts…would you need a bailout if you owned the machine that prints the money?