Shaze

I'm happy the bailout plan didn't pass Congress. Why give a single penny to greedy financial institutions and to the good old boy circle from this bailout. If they want the people of the US to accept any type of bailout the money should go directly to taxpayers to use to payoff their mortgages and free up all those bad loans the financial institutions gave out. I don't see what is the difference between giving the money to the families with bad mortgages and giving the money directly to the financial institutions. It still accomplishes the same thing, which is frees up the bad loans and money so financial institutions can start lending again. Can anyone explain the difference to me???

The only difference I see is that if it goes directly to the financial institutions the institutions and the good old boy circle benefit, if it goes directly to the taxpayers with bad loans they can't benefit.

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