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This bailout is bad people, it is not something you want unless you want inflation to be so fast that nobody, not the richest to the poorest, could afford even the most basic commodities.
We should "never" bail out other Countries Corporations, even if they are tied to ours. The logic on this is just stupid as Companies of all kinds fail in our own Country our Job losses is going up, we bail out "other non-americans" before our own. Stupid, stupid, stupid.
And we should "never" give the Gov a blank check without fully demanding the problem be corrected first. Do you understand that they are giving 700 billion, and "never corrected the problem". Stupid, Stupid, Stupid.
Did you know they don't actually need 700 billion? That's just a guess of what "might" be needed. Nothing has actually been done to see what the real damage is, so they are guessing they "might" use this amount.
Have you ever gotten a loan without some type of collateral? Not many of us have that's for damn sure. Now, how many have filed bankruptcy, lost everything, and a few weeks later got a loan 500x times worth your net worth? - This is what "we" are allowing.
And finally, if we give 700 billion today, they will ask for Trillions tomorrow. Don't think this is even close from being done. I'm not talking about the banks, housing marking or our Eco. Well, I am - but in a different direction. Just wait until the Jumbo Loan issues kick in, to name another small example.
We must let the Majority of these Companies fail and the free market stand strong by buying up loss, taking a hell of a hit, but at least allowing our dollar some ability to come back. If you dilute the market with "free printed/made/fake money" - IT WILL NEVER BOUNCE BACK.
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