Why should the American Public bailout the Banks and Financial Institutions?
Written By: admin on September 19, 2009
One Comment
The legislation the administration is proposing and promoting would have the government buy terrible mortgages and other deficient assets held by troubled financial institutions. Why should the American Public subsidize a bunch of terrible mortgages? I should the American Public buy a bunch of terrible mortgages so the banks that initially bought of made these mortgages be let off of the hook?
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Tags: american mortgage, assets, banks, financial institutions, hook, legislation, mortgagesTags: assets, banks, financial institutions, hook, legislation, mortgages
We are only a few weeks away from ALL Credit Cards being refused ..
Could you cope ?? No more Credit (Cards), no more Overdrafts .. no more Loans ..
PS Don’rt say ‘I’ll pay cash ‘ .. there won’t be any in the Cash Machines (and your Bank won’t give you any unless you really have money in your account) … and I invite you to guess exactly how many people will be accepting Cheques ..
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