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To: Shellybenoit
If you have a lot of unsecured debt (credit cards, hospital, etc) and you'd like your personal bail out plan, FReep Mail me. Or check out my blog at http://auntiecoosa.blogspot.com -- the Banks got their Money, so why should you have to pay them, too? It's double dipping is all it is. And you're legally entitled (the magic word?) to some debt relief for unsecured debt.
3 posted on 12/19/2008 7:07:36 AM PST by HighlyOpinionated (Cultural conditions, not gun laws, are the most important factors in a nation's crime rate.)
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To: HighlyOpinionated
the Banks got their Money, so why should you have to pay them, too?

They didn't get free money. They had to give the government preferred stock in exchange for it. That means the government gets a big cut of their future profits.

Now just to be clear, I opposed the bailout. I just want to make clear that it wasn't just free money given to banks.

12 posted on 12/20/2008 1:08:30 PM PST by curiosity
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