According to Bush, the answer is straight forward. Spend $2300 per US citizen (of which there is no repayment plan) to bailout companies with irresponsible practices. The Bush plan also bails out citizens who were delusional enough to believe that a $35,000/yr job can cover a $500,000 mortgage. Although this practice is surprisingly eight years in the making, apparently, we're showing the world that America is "the best place to do business"--huh?
Well Bush (and the ultra conservatives who support the $700 billion perfect solution), our entire economy is based on unregulated, deceptive, coercive, lending practices. And, our solution for everything is borrow until you can't pay it back.
I won't pretend to have the economical resolution to this, especially since neither candidate does either. But, I do have one suggestion: ALL BONUSES AND PROFITS "DUE" TO CEO'S AND SENIOR MANAGEMENT SHOULD BE SEIZED to repay the....American bank accounts where these funds are coming from?
Showing posts with label Foreclosure. Show all posts
Showing posts with label Foreclosure. Show all posts
Wednesday, September 24, 2008
Subscribe to:
Posts (Atom)
Pink'd Archives
-
▼
2009
(32)
- ▼ November 2009 (5)
- ► October 2009 (2)
- ► September 2009 (1)
- ► August 2009 (1)
- ► April 2009 (1)
- ► March 2009 (2)
- ► February 2009 (2)
- ► January 2009 (10)
-
►
2008
(36)
- ► December 2008 (10)
- ► November 2008 (2)
- ► October 2008 (4)
- ► September 2008 (15)
- ► August 2008 (5)