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Old 07-26-2008, 10:17 AM
kknudson kknudson is offline
1990 500SL
 
Join Date: Oct 2003
Location: Hawthorn Woods, IL. USA
Posts: 329
Well if you believe Bush, actually ANY polititian ..

The goverment does a great job of bailing people out that make mistakes, as strife said "They took the risk", they have to accept the consequneces.

Just like these people that recommend you just turn over your keys to the back when you are "Under Water" (House or Car).
If you loose money on the house, the bank eats it, if you make money you pocket it.
Sounds fair to me

We need to return to the understanding, that they loaned YOU the money, they used the house or car as collateral. Just because the collateral is worth less then the loan, doesn't mean you own less, YOU borrowed the money.

How about if the goverment sets up a booth outside Vegas, "You lost how much, here's a check ...".

Although, it will change sometime, we've had these foriegn goverment funds bailing out our various companies in the past year. Won't be long and one will have to bail out Uncle Sam, OK maybe a consortium.
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1990 500SL

I was always taught to respect my elders.
I don't have to respect too many people anymore.
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