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What Would Happen If There Was NO BAILOUT?
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[QUOTE]Originally posted by a surfer: [QB] [QUOTE]Originally posted by The Bigfoot: [qb] pssst. PM... (Your republican party is the one that brought this to the table.) This bailout is BS. Bad loans are cloging the credit channels? Fine. We own Fred and Fan now. Figure out which of these bad loans are clogging up and rewrite better loans for those who can afford to pay their mortgage. All this other bs is worthless. Lets extend credit to banks so they will extend credit to each other so we can all live on credit like we have been doing for the past 20 years. Remember the last time Bushy tried to push us into making a hasty decision??? (Hint: It started a Trillion dollar war based on lies.) [/qb][/QUOTE]All of the ingenious ways to lend money cheap came in the late 90's. You think Bush started the slack lending.........NOPE. Should he have let the mess started in the Clinton admin. get this far?? NOPE The pointing the finger crap is useless. War did not make the housing bubble happen. PERIOD. [/QB][/QUOTE]
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