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Old 09-28-2008, 09:31 PM   #1
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Do You Support the 700 Billion $ Bailout

I'm sure you all have heard of this, and I want to know, what is your stance?

I personally think we need it. The consequences of it will be even greater if we don't pass this bill. It doesn't have a huge impact on the taxpayer if they still fail, because they will have to pay it all back within five years, unless they declare bankruptcy.

So, what's your opinion?

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Old 09-28-2008, 09:52 PM   #2
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NO I am against it.

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Old 09-28-2008, 10:04 PM   #3
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i agree with Mario. We will have to pay for it.
although it may be needed
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Old 09-28-2008, 10:17 PM   #4
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I wish we didn't have to do this, though. It just seems to me that this is the only way we may be able to successfully balance the economy. The banks should go out of business for poor decisions, but without them we'll be in a new depression.

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Old 09-28-2008, 10:30 PM   #5
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What we need are for the banks to pay for Insurance sorta like the FDIC. Each member puts a certain amount of money in and that would help them in this mess. But that won't happen. This whole thing stinks.

I would like to know what happened to all the money they steal from you every month in the form of PMI. Where did all that fluff money go?
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Old 09-28-2008, 10:44 PM   #6
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I'm all against it.
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Old 09-28-2008, 11:13 PM   #7
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Quote:
Originally Posted by Lukario View Post
I wish we didn't have to do this, though. It just seems to me that this is the only way we may be able to successfully balance the economy. The banks should go out of business for poor decisions, but without them we'll be in a new depression.

Lukario
Your right about the banks being stupid with there loans. They loaned money to people who couldnt pay it back. But its also the stupid people who wanted the loan. Some people just want a big house..,and know they wont be able to afford it. And then they whine about being forclosed.
Everyone wants a nice house...but most cant afford it. My parents know what they can pay, and thats why we live in a small house.
Now i will be pissed if it ends up that people who made the dumb mistake with the sub-prime loans, get to keep there house. (if they couldnt afford it). It makes you think..Then i should have bought the big house i couldnt afford.
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Old 09-28-2008, 11:51 PM   #8
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I know, the worst part of it is that we'll all be in the same boat. The people that were on time with their payments are going to suffer just as much as the slackers, and that is a shame.

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Old 09-30-2008, 12:51 AM   #9
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Well, the bill did NOT pass.
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Old 09-30-2008, 04:03 PM   #10
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Good thing it did not pass. You have all been tricked.
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