posted on Sep, 26 2008 @ 10:39 AM
I know we have to do something, but is buying all the bad mortgages at inflated prices from banks that make poor loans the right way to go about
Let's see.............. lets use taxpayer money to bail out these banks so they can again loan money to us, the Taxpayers? Anyone see something wrong
with that? How about the taxpayers just loan the money to ourselves and the interest could go to the Government instead. I personally have NO FAITH
whatsoever that the Banks will do things right, the NEXT time. My head hurts just thinking about this.
And on top of that lets just take the banks crappy loans and not have the shareholders or executives really have to pay for making such poor
I just don't get it.
There has to be a better way.