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| Homeowner Rescue Plan Passed By House |
| 05.09.08 (5:25 am) [edit] |
| "House Democrats passed bills that they know will never become law. Most Americans understand that we shouldn't create a taxpayer-funded bailout for lenders and speculators," said Tony Fratto, a White House spokesman. Republicans argued the package reward lenders and irresponsible borrowers at the expense of homeowners and renters who made more prudent choices and are straining to cover their costs in a punishing economic climate. http://www.cbsnews.com/storie... What I really don't understand is the Government bailed out the Bear Sterns. Bear Sterns made bad decisions, why does the bank get a bail out? Why are their two different standards for bail outs? Both parties made bad decisions but only gets help. |
posted by: sebastianjoshua (reply)
post date: 05.13.08 (1:02 am)
undisclosed interest... :-)
you work 12 months with 11 months salary, one month is for the tax... that is what happen to me... :-)