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Do we get paid back?

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politicaholic Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 12:27 PM
Original message
Do we get paid back?
These banks now have some really crappy credit. Can we give them the $700 billion at sayyyy...0% interest for the first six months and then jack up the interest to 22%?

Paulson and Bernanke are both appointees by an administration that only requires a certificate in dog grooming as credentials. I personally don't believe that this Katrina-like economic disaster is a job for either of those guys.

Five years from now when they're receiving kick backs for their actions today I wonder if they'll look back on this moment fondly. A bag of money slipped under the table of a Dubai sushi restaurant really helps sooth the sting of bilking the entire population of your birth place out of billions of dollars.

I'm not confident that a souless husk of a human being like Paulson can steer us in the right direction. Are you?
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KansDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 12:32 PM
Response to Original message
1. "O% interest?"
With crappy credit, charge them 29.99% interest! That's the way it works in the real world.

Remember, we set the conditions and we can change the terms of the agreement whenever we want to...
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Venceremos Donating Member (488 posts) Send PM | Profile | Ignore Tue Sep-23-08 12:32 PM
Response to Original message
2. Don't forget
to jack the interest up to 26% if they make one late payment. And no, I'm not confident these people are steering us in the right direction.
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