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Bad news for troubled banks

Discussion in 'Political Discussion' started by NEPatriot, Nov 12, 2008.

  1. NEPatriot

    NEPatriot Banned

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    Paulson: Government won't buy troubled bank assets - Yahoo! News

    We don't know how they are going to use the money from this point. Perhaps, they will use some of it to bail out other companies. It seems to me that the financial problem is BIGGER and WORSER than we think.

    700 billions are not ENOUGH to bail out EVERYTHING. They will PICK and CHOOSE who will get the money at this point.

    It's certainly bad news.
     
  2. PatriotsReign

    PatriotsReign Hall of Fame Poster

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    #18 Jersey

    Reading that sent a chill up my spine...every fuggn' day this just gets scarier. I guess we just have to take it all one day at a time.
     

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