G
GOD
Guest
In the context of the US economy, that's not that much money. It's pocket change.
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F
Freethinker
Guest
Instead of bailing out these companies, why don't we just give $3500 each to the 200 million or so working people in the US?
S
Snarf
Guest
Measly 700 million? You are funny.
E
eleni s
Guest
i agree, but come on you know people.. they panic. and are scared..
S
Sydney III
Guest
Crap. You reminded me I forgot to buy my powerball ticket.
J
Jilibean?
Guest
Thanks Syd.. Crap! You just reminded me that I have medical bills (Deductibles and copays to pay)...close to $700 billion it seems.
A
aorton27
Guest
They have already spent 900 billion on the crisis. So with the bail out they are going to 1.6 trillion. The countries debt is 10 trillion. So in one bang of the buck they increase the debt by 10%.
1.6 trillion is a lot. It is seriously dilluting the US dollar. The US government doesn't have this money and they are borrowing it from countries like China. The more the US dollar is dilluted the more energy prices will be. A tumbling dollar will cost job losses. A tumbling dollar will lead the nation to a serious recession.
freethinker. btw with $700 billion they could pay $50,000 to most homeowners in the US and pay off the mortage.
1.6 trillion is a lot. It is seriously dilluting the US dollar. The US government doesn't have this money and they are borrowing it from countries like China. The more the US dollar is dilluted the more energy prices will be. A tumbling dollar will cost job losses. A tumbling dollar will lead the nation to a serious recession.
freethinker. btw with $700 billion they could pay $50,000 to most homeowners in the US and pay off the mortage.