The problem with all these bailouts is where do you draw the line. Banks and financial institutions were bailed out, as were people who bought way too much house. Unemployment benefits are extended again and we have “Cash for” this and “Cash for” that. What about student loan relief for Americans who spent money trying [...]
Posts Tagged ‘bailout’
Bailout for Student Loans
Posted in politics, tagged bailout, student loans, TARP on December 9, 2009 | 2 Comments »
Second Wave of Mortgage Failures
Posted in politics, tagged bailout, banking, housing, mortgage on December 16, 2008 | Leave a Comment »
Between the NFL game and the reality game Survivor’s Finals, I watched a segment on CBS’s 60 Minutes about the second wave of mortgage failures—my mouth down open. Drama on T.V. shows can be interesting but this mess will be all too real. If you brought a house with an “adjustable ARM” loan and were [...]
Wall Street Mess 101
Posted in Georgia, politics, tagged bailout, wall street on October 27, 2008 | 6 Comments »
If you missed it, 60 Minutes had a great segment last night on one of the sources of the Wall Street Mess. I can believe Washington allow this “side betting.” This video is like “How to be a legal Crook” 101. Unbelievable.
Bailout and Student Loans
Posted in politics, tagged bailout, student loans, wall street on September 30, 2008 | 5 Comments »
Am I missing something in these Wall Street/Main Street Bailout discussions: what about student loans? Most people pay their loans back in a reasonable period and it has always seemed unfair to “bailout” those of us who did not. Us. We. Me. But, Wall Street speculated on financial products and projects and some homeowners [...]
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