Originally Posted by joshgirls

Contessa should have done better then to question the congressmans pedigree. Because anyone asserting that the economy would have persisted without the bailout is a moron.

Most of the economy runs smoothly due to credit. Its how auto dealers stock their lots, how payrolls get paid before revenues are realized, shit its how government at all levels keeps functioning. & the number in your checking account? the bank doesnt hold your money, it gets tied into the credit markets.

Frozen credit markets would mean that all business in america simply stops, like a heart attack.