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I was under the impression that the bailout would eleviate my credit card balances, afterall, WE the taxpayers will be paying for the bailout, with interest.
So where exactly did the money go if not to pay off credit debt to Banks made by the taxpayers?
WHY do we still have credit card balances?
Where did it say in TARP, that banks would forgive credit card balances.
The bailouts were to soften the losses from bad mortgage-backed securities.
Actually, I would have liked to get that money in a check, (I think it was estimated at anywhere from 6,000 - 13,000 per taxpayer) That money could have gone to pay off my cc debit.
Where did it say in TARP, that banks would forgive credit card balances.
The bailouts were to soften the losses from bad mortgage-backed securities.
Actually, I would have liked to get that money in a check, (I think it was estimated at anywhere from 6,000 - 13,000 per taxpayer) That money could have gone to pay off my cc debit.
With all the various bailouts combined, I believe it's closer to several hundred thousand dollars per citizen, if it were given out to the people instead of the banksters...
I was under the impression that the bailout would eleviate my credit card balances, afterall, WE the taxpayers will be paying for the bailout, with interest.
So where exactly did the money go if not to pay off credit debt to Banks made by the taxpayers?
WHY do we still have credit card balances?
You didn't pay your politician rental fees, I see.
The bank bailout where actauly just laonsd which many have paid out. The second half of TARP was supposed ;to be as passed by congress; ot get the toxic assets figured out because no one knew good from bad loans in those bundles. But the private ;governamnt partnership to do this collapse ebecause priovate investros decided they didn't want governamnt as partners.
The bank bailout where actauly just laonsd which many have paid out. The second half of TARP was supposed ;to be as passed by congress; ot get the toxic assets figured out because no one knew good from bad loans in those bundles. But the private ;governamnt partnership to do this collapse ebecause priovate investros decided they didn't want governamnt as partners.
That is kind of cold,have you ever thought that maybe he has a disability or is elderly?That is what I think when I read his post,I give him credit for being engaged and trying to learn about the issues.
I was under the impression that the bailout would eleviate my credit card balances, afterall, WE the taxpayers will be paying for the bailout, with interest.
So where exactly did the money go if not to pay off credit debt to Banks made by the taxpayers?
WHY do we still have credit card balances?
You know the government is never going to bail us out. But the way I see it, the government inadvertently did do us a favor by bailing out the banks. It gave us a good excuse to bail ourselves out. The banks got our tax dollars courtesy of the government so I keep the would be payments for myself. Now the monthly amount that would go to paying my credit card payment stays with me. I can live with that.
I thought most of the Tarp money was actually loans which were paid back. I bet google knows for sure.
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