If all the houses in America are worth 21 Trillion..Then the Bailout should not be over 23.7 Trillion...
So far between 9-7 million homes are in bankruptcy..All of these homes could have been paid off for less than 2 Trillion Dollars. What is Hank Paulson really been doing? At this point can we consider all homes in America Free and clear? Why can't I sell the same egg to 100 people then have tax payers pay for the 99 eggs that I don't have?Can I write my own mortgage insurance policy 10 times against my own house then file for Government relief 10 times(once for each policy) if I don't pay.
Disgusting
TheArcher85 1 year ago
Life in prison - and no soap on a rope allowed. Though let them have Gucci prison designer shirts and Armani trousours - just make them bright orange. Satan cocksuckers sold out the human race.
THELASTBUBBLE 1 year ago
Good for the economy, according to von Mises.
jayadsilva67 1 year ago
A lot of mainstreet people would like to see the demise of Goldman. That would be good ....
jayadsilva67 1 year ago
EXACTLY!... Credit default swap evolved (or always was a plan for) Asset/Income Swap... from the working & middle classes, to the powerballers tied to Wallstreet corporations.
unworld 2 years ago