So unemployment is up and the feds are now questioning themselves about the bailouts that they've made? What the hell is going on here. Not one single person is being accountable for the further damages that have occured.
I spoke with a bank rep the other day. His bank was forced to take 300 million in bailout money. Now that they've recieved it, they don't want it. They offered to give it back. Their reply? You'll pay it back when we tell you. So they pretty much want to give handouts so these lenders will "owe" something back to the goverment.
This getting way out of hand.
Labels: bailout banks, credit