I still don't get this "bailout" shapeshifted by name to "rescue plan".
I'm hearing the credit is drying up. Loans are not being exchanged. So, small
businesses can't buy loans to pay for their employees. It's in the news that
cars aren't being bought because people can't get a loan. Unless you have
great credit you will have a hard time getting a loan for a mortgage. So, what
it looks like, is this culture runs on credit. Runs on intangibles. People
don't have the money now, so, we get a loan for all this stuff we want. So,
does the gov't with all these bailouts. So the U.S. debt is nearing 10
trillion dollars, and most people in the U.S. are in debt. So... we can't pay
off the debt we have, but we want more loans and credit to go farther into debt
even though we can't pay off the debts we already have. Deeper and deeper into
debt, so, now we're going to "rescue" debts with debt money from credit so we
get further into debt. Who's
making money?
SA
Moq_Discuss mailing list
Listinfo, Unsubscribing etc.
http://lists.moqtalk.org/listinfo.cgi/moq_discuss-moqtalk.org
Archives:
http://lists.moqtalk.org/pipermail/moq_discuss-moqtalk.org/
http://moq.org.uk/pipermail/moq_discuss_archive/
