Sorry, I had to laugh about the bailouts. Those bailouts make me angry now. They gave those banks all the taxpayer money to keep the banks afloat. So then the banks turn around and up the interest rates and fees and minimum payments to drive individuals into insolvency. At least they saved the banks. It just makes me mad when I think of it.
If you ask me (and no one did...) they should have taken those billions of dollars and gave them to the taxpayer. Everyone with a credit card debt (at least I know I would have) would have used the money to pay down the debt, flooding the banks with money that would have helped the banks AND the consumer. People without debt, no doubt, would have either spent the money on things to fuel the economy or invested it, fueling the economy.
Blech... This subject just ticks me off...
If you ask me (and no one did...) they should have taken those billions of dollars and gave them to the taxpayer. Everyone with a credit card debt (at least I know I would have) would have used the money to pay down the debt, flooding the banks with money that would have helped the banks AND the consumer. People without debt, no doubt, would have either spent the money on things to fuel the economy or invested it, fueling the economy.
Blech... This subject just ticks me off...
Comment