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Old 12-09-2008, 07:33 AM
RedBarchetta RedBarchetta is offline
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It just sickens me to hear that Congress is so quick to provide emergency funding of $15B "for a couple months", when it does nothing to solve the problems. And then Sen. Reid has the audacity to state, "And if during that time they can't come up with a reasonable business plan, we can call back the loan." And with what collateral?!? I suppose Congress doesn't understand that all of the existing secured loans and lines of credit have a first position?!? Does Congress just believe that all of the existing lien holders are going to be subordinated overnight?!? DREAMERS!!! This is becoming the biggest cluster f*** in the history of mankind. Whatever happened to free market economics? Whatever happened to patience? What ever happened to swallowing the nasty tasting medicine and moving on to better health?
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