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Even though I have read everything I can on the subject, I like most people including many of the experts, do not fully understand what is presently going on with the world wide economy, nor do I fully understand what has been happening with the American financial system.
Having said that, I have been asking for several weeks now "Where is the POTUS getting all of this bailout money from (we are talking trillions)?" The easy answer is that the government is printing it but I feel that is an over simplification. The flip side to my question is "How do they plan on paying it back?" I guess that they haven't thought of that yet and it will be someone else's problem anyway. Of course I have also been asking where did all the money go that was supposedly lost and caused this crisis in the first place?
I have lots of questions but few answers. Politicians have lots of answers but do they really understand the questions or problems?
Wayne
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Don't get caught dead, sitting on your seat belt.
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