Saturday, September 27, 2008

$700 Billion Dollar Bailout

They are working on this big $700 Billion Dollar bailout in Congress. There seems to be a great deal of disagreement about it. Congress was supposed to go on vacation Monday so I know they are really anxious to get something done about this. Where is all this money coming from? It seems like neither side can come to the same agreements. One side wants it one way and the other side wants it a different way. I think from the looks of it, there is going to be no end to these bailouts. They got themselves into this, let them get themselves out again. People bought houses they couldn't afford. Banks loaned money to people with less than great credit and now they are all crying because it has all blown up in their faces. No one helped us out when the banks were charging us 25% interest. You put your money in the bank and they are the ones making money off you.

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