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Amanda Brooks (DiMartino)
Don't get me started on economics and politics. The "bail out" should have been given back to the taxpaying citizens of the United States.
When so much of a person's income goes to our mortgage, I can't believe that the government has to bail out the irresponsible financial institutions.
I think that everyone who pays taxes or is an American national or permanent resident-should have gotten a piece of that ridiculously HUGE piece of the pie. Sure, the result may have increased good ol inflation, but that would have a benefit of reducing the real value of all debt in US dollars.
It would take a while to set-up an egalitarian bail-out, since the government has to compile listing of all US nationals, and it would take a few weeks to print so much currency, but the feeling of anticipation (kinda like Christmas morning) of everyone getting 6 or 7G's could itself unfreeze the credit market and the slumping retail market-think about how you felt when you got your Economic Stimulus check, even though it wasn't much, it made you happy for a fleeing moment in time.
AGAIN the real estate interests and their financial symbiants will get rescued from the foolishly ignoring the constantly changing real estate market. This cycle is caused by government and then again always is rescued by the government.
No offense Lori for the rant.
I am SO glad I sell children's music. Even when people are broke, they still spend money on their kids.
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