2008-10-09 — onlineathens.com
``Kau said the U.S. government's $700 billion bailout plan to help stabilize the economy instead will make the recession worse.
The bailout will balloon and cost taxpayers trillions of dollars, Kau said.''
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tvsterling at 20:51 2008-10-10 said:
The news is beginning to get real scary. The Supersuits are floating things like the government becoming a clearing house for all short term loans, direct loan guarantees to small business; in short the government replacing the financial business in toto. Somebody needs to stop this madness. America has come to expect instant gratification but the government is not mommy with a bandaid. Cooler heads are now desperately needed. How about a delegation of real financial experts from outside the mess to have a chat with the legislators who are entranced by the Supersuits & their ever more wild eyed schemes. Also a final dollar amount needs to be set on what money CAN be fed to this monster. At a certain point it will turn into a gigantic poison pill that will finish us for good & all. Permalinkadd a comment | go to forum thread
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