2008-10-09onlineathens.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.''



Comments:

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. Permalink

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