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Credit card relief?
Newsday ^ | November 1, 2008 | AP

Posted on 11/09/2008 4:50:29 PM PST by Lorianne

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To: kittymyrib
Splitting 1.5 trillion by 180 million adults and each person would get $8300. It would need to be a $30 trillion dollar bail out to give every person $200k which couldn't be accomplished without printing and massive inflation.
61 posted on 11/09/2008 9:07:49 PM PST by rb22982
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To: Lorianne

Why do they need the government’s okay to forgive the debt? Becase they want to do it but not be held liable taxwise for writing it off?


62 posted on 11/09/2008 9:14:52 PM PST by informavoracious (The chasing mutt caught the car. Now what?)
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To: autumnraine

yeah - I’m going to run up my credit cards and sign up for my hand out.


63 posted on 11/10/2008 12:05:46 AM PST by Glacier Honey (`)
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To: Lorianne

I see W’s doubling of minimum credit card payments is paying off.


64 posted on 11/10/2008 5:21:50 AM PST by quack ("Those Who Sacrifice Liberty For Security Deserve Neither.")
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To: Lorianne

Don’t get too excited. They probably will only bailout those cards held by low income folks.

They need those who pay on their cards. In fact, they will probably add some kind of penalty to those who do pay.


65 posted on 11/10/2008 5:27:29 AM PST by dforest (Is there any good idea out there that Obama doesn't lay claim to anymore?)
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