1.8 trillion dollars

the government is going to spend 1.8 trillion dollars to save banks, morgages, ect. billions of dollars are going to save banks (700 bil). the government is pretty much taking all of the banks dirty loans that the people couldn't pay and whiping the books clean.

there are issues involving this.... such as why help the banks and not the people who can't cannot afford to pay the loans. this is why we are in this in the first place and of course the banks are giving people loans that they are not going to be able to afford with the interest rates.

and other issues....

this is suppose to bring up the economy and hopefully have house values go up and ect.

this idea might work and congress is suppose to pass it or not by this friday.

thoughts?

that's like a broke man (the US) giving a broke company (the banks) a $100,000 check saying..."all is well"

This is retarded. It's the banks that got us in this trouble in the first place, the last thing we should be doing is handing these know nothing CEO's and bank presidents extra christmas income for them and their little cronies.

Let them burn.

yea and it's only to the big banks. for instance, town bank will burn because it is only to 10 big banks.

this is like ohhh you messed up, here's 100 billion dollars, just don't do it again. pretty rediculous.

hopefully the stock will go up and people will want to take out loans from banks now. that is what they wanted to accomplish