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You also need to consider...Exactly, precisely which businesses? If any of those businesses also happen to be the same businesses that caused the problem, they shouldn't get anything at all.
Yeah, the article did say "small businesses" & "individual investors," that still doesn't seem quite right...After all, even small mortgage loaners were part of the problem & "individual" investors would still include people like the Rockerfellers & Rothchilds. Individual investors also includes those foreigners (some of those foreigners were the banks & governments) who invested in a lot of small-business mortgage packages too.
I wondered this too. Was there any definition of "business' and how much money will be divided between homeowners and businesses.
Is 100k going to homeowners and there rest to bail out more businesses?
[edit on 2-10-2008 by nixie_nox]
Originally posted by Cowgirlstraitup7
Okay, now I have a stupid question. I just got to thinking; the folks on tv are talking about the financial crisis causing students to not get loans for school, thus we must do this bailout so that can happen again. Correct me if I'm wrong but aren't student loans GOVERNMENT loans. How will bailing out the banks make it so the government can hand out loans to students again? Putting the government and the taxpayers in more debt to the tune of 700 billion dollars doesn't make me think that the government will now have more money to be handing out student loans. If fact it seems to me that the opposite would occur. I may be way off base here but it sound like a scare tactic and they are hoping the average American doesn't catch on.
I hope someone here with more financial savvy can help me out on this question.