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![]() Group: Moderators Posts: 2,499 Joined: 23-February 06 From: El Paso Texas Member No.: 32 ![]() |
Since i don't see a topic for this. What do you all think of the bailouts going on right now?
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#2
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![]() The Transient Aggie Group: Members Posts: 546 Joined: 22-February 06 Member No.: 21 ![]() |
I think they should go under. They have no business loaning money to people with no assets or collateral, no income, and no jobs. Sad that no one saw this coming and even sadder than no one in Washington blew the whistle.
Say what you want about regulation, but oversight/watchdogging is often less bureaucratic and equally as effective. It's going to be tough for people to get loans for households in the near future after the interest rates bounce back up from their Fannie Mae/Freddie Mac dip, but at least the companies wont be loaning to people who have no business borrowing in the first place. -------------------- ![]() A government big enough to give you everything you want is a government big enough to take from you everything you have. |
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Lo-Fi Version | Time is now: 19th September 2025 - 04:16 AM |