This economic bailout plan. I think its garbage. There gonna use 700 billion dollars to help keep failed business with bad practices from going under. I work for a utility, I talk to business's and individuals who are losing their homes and what not. I feel bad for them. But do we really need to use OUR money that we WORKED HARD for so they could sign the loan they know they should never have? Yeah, Im sure there were some really predatory practices going on in the lending industry, but people sign without reading. Why do I have to pay for that mistake? I feel this is a flawed plan to help the rich keep getting rich. They don't care about me, or you as an individual. They hoped with the first "stimulus" package we would drop it on stuff we didn't need. Mine went into the savings account, so that didn't work out for them. I wrote my congressman and both senators letting them know if they vote for such a bail out I will vote to have them removed from office next time they are up. I suggest everyone else do the same if you agree with me. A congressmen in central CA said the phone calls to his office on this matter were 300 to 2 against this so called bail out. I honestly feel our "leaders" don't care, as this country has such voter apathy. if we let that know that we won't tolerate it, and we will vote them out, they might listen. I can't think of anything good Sen Boxer and Feinstein have done off the top of my head thats so great for my state or country. This has got to be the first political issue I have ever felt so strongly about. Well that, and I hope the union for correction workers starts a recall campagn on arnold so I can sign it.
Sorry for getting political, but I gotta do what I gotta do.
I Never thought 'd say this...but, I have to agree with you bro, my parents are PRIME EXAMPLE (well my father), they have 2 houses, a restaurant, and an apt complex,well, my dad signed papers to try to get the mortgage lowered on his houses and he got certain loans....and now he's in trouble and on the verge of losing everything. I also agree that you sort of can't feel bad for people in this situation,because if they don't pay attention they can get screwed....maybe I should stop before i piss sumbody off...lol.