:-)
I see that. But I don’t think this buzzword “bailout” that is being thrown around accurately describes it.
I hate the situation as much as anyone. If it passes, the treasury will realize some recoupment of the bad assets it would purchase, though. The question is, how much.
It sucks that this is being considered.
True. Just as the first RTC gave taxpayer money back.
My main interest in it is that it will probably jumpstart the housing market which I feel we need more than anything.