BrainKing - Discussion boards (Politics)

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Politics

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13. December 2008, 18:54:48

Czuch

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Subject: Re: New topic, if there is interest.

coan.net: As anastasia has said - it is more of a loan then a bailout.

I dont have to read more than that right there to know it is a bad idea! If this was really a loan and a good idea, then there would be hundreds of private banks etc lining up to give them financial help! The fact that they are asking the federal government for help tells me straight away that they have no banks or other private institutions that think this is not a huge risk! Why should we take a risk that nobody else thinks is worth it?

What thet are asking for, pure and simple is a bail out, it is notever going to get paid back, using the word 'loan' is a bunch of crap!