[ironhorse]

heres my OPINION can we just quit bailing out every outfit that can't manage themselves to me we are just prolonging this the sooner we fall on our face the sooner we can dust ourselves off and get back at it, yes its cruel and cold but dadgumit i didn't take out the bad loan, out budget my corp. undercut my own job, over finance my house, buy cool cars to keep up with the jones. but alot did sorry about your luck, i didn't put you there, and I think these corps need to fall on thier face as a learning tool. they can blame whoever they want but the problems began a long time ago when some moron said "but it looks good on paper" and the creative finacing B.S. now someone has came up with the thought that giving every man woman and child a 100000 will work this person can't be a congressman or senator it is to logical. and what a time of year to do it still won't fix stupid but it will help those that use it wisely. and will tide over the unemployed (caused by this )untill they can get another job. they are out there just gotta go get it. and lets worry about USA first not the world, we fix us we fix the world JMO
oh ya hope your wrist is doing better abby glad your back afn, hope your enjoying tx sportsterboy wav hows the little one doing
later

[SPORSTERBOY]

wish they would bail me outta debt but instead my tax dollar goes to the people to help me stay there. every thing is good here ironhorse, baby is in the shop, got her all legal to put it in the shop

[AFNurse]

Lets see....100000 for every man, woman, and child.....300K for my household..... that would put me completely out of debt, allow me to put a bunch into savings, invest a bit in SAFE markets, and still have a bit left over. I like that plan....better then bailing out Sally, Ford, Chevy and everyone else in the coorparate world that is going to end up screwing everyone in the USA!!!

Oh, and thanks for the welcome home! Have been enjoying the USA...tho the weather has been a bit chilly!!!

[ironhorse]

doesn't that make sense get out of debt to create new fresh debt, its win win

[cowboy]

win win or do you mean lose lose First off the top head of the auto world new to take a pay cut then drop into bankruptcy that would brake the darn union contract ( I have not seen any of them worth $40 or better a hour ) I, like you ironhourse did'nt force any one to buy over there wallet size Let them all sell those co jets & ride southwest or another airlines , did anyone see nightline last night the guy bought house cheep & sold them at just a $500 profit & easy payment plan as long as the people kept up the house & payments he makes money & people have a house with in there means

[Hot01]

I'd heard something like that too - an amount that would get most people out of debt. We could end welfare, and then if the losers ended up back on the street, they couldn't blame anyone.

[Art_NJr]

Originally Posted by Hot01

I'd heard something like that too - an amount that would get most people out of debt. We could end welfare, and then if the losers ended up back on the street, they couldn't blame anyone.

Problem is the Gov't. doesn't have any $$$, other than what it takes from the public & creates out of thin air. When you get $$$ from Gov't., you're only getting part of what they took from you back. Or took from someone else - it's "redistribution of wealth" - socialism, plain & simple.

You can't "bail out" any person or business without taking $$$ from somebody else & you can't just end welfare when your whole system is based on it, which ours is & has been for a long time. Over 1/2 the people in the country recieve some kind of Gov't. "benefit" & if you end that overnight, you crash what's left of the economy.

The Gov't. plan is basically quite simple (although the details certainly aren't & change daily) - get people to start spending again - we're a consumer society, not a manufacturing one anymore. Major problem with that is a country that doesn't produce anything doesn't last very long - you can't keep buying things made by somebody else with somebody else's $$$ forever.

Know who just became the #1 creditor of the U.S? China. They hold $585 billion of Treasury debt. How long will they want to keep financing our "bailouts" @ record low interest rates?