Need a math guy

The monies are not give away. The funds would purchase the mortgage securities. The government would then own something. As long as the price is worked out the government can make a profit when reselling these.
It's a market economy. It's always better here and we pay WAY Less taxes than many countries and have the freedoms to enjoy it.
The only summary I get is "it 'was' good times" and "I'm not paying for this".

Well I tell ya if it isn't good enough here for ya country boy than find yourself another country! Frankly if it only cost me $2.2k to purchase your mortgages that's cheap - and we'll own them. Would you rather let the Chinese step in and buy up the mortgages and your banks (your companies)?.
 
I think Keir is a little off base. I feel that what most of these guys were saying is why should the American tax payer have to pay a dime to bail out these companies. If my company goes belly-up, the government isn't going to come in and bail me out. We all hate government regulation but sometimes it's what we really need to keep things is check. If the government wants to bail them out and make a "business" move then so be it....with their money. I know we pay less taxes than a lot of countries, but in this country, in my state, town, I pay a lot. My property taxes are almost $9k. They are raising ours tolls to generate more money on the Garden State Parkway. The only reason this road was supposed to have tolls is to pay for the road and then the tolls were to be removed. Then something like $10 million went missing and they raised the toll to .35. Next year .50. We all are tired of being taxed for their mismanagement of funds. I wish Ross Perot was president. He'd run the country like a business and make it profitable

And to answer you question, NO I would not want the foreigners buying up the banks either. Lesser of two evils is still evil though

Cheers,
Mike
 
money.....US....the Government has no money that isn't "OURS"...so if they spend "their" money then they are spending "our" money......

Other than that I agree with everything you said.....I'm tired of the mis-management...I'm tired of the lies by both parties that they'll change things "tomorrow" when "yesterday" they were saying crap like "the basics of the American economy is sound" then five days later saying that "some of us saw this problem years ago".....

I am ready for a change...I just don't see either candidate making one.....one hasn't changed a thing in 27 years of hanging around and talking proudly about "I've been there", and the other can't manage to say how he's going to change anything that he says he's going to change...

Oh Boy.....

Steve
 
The monies are not give away. The funds would purchase the mortgage securities. The government would then own something. As long as the price is worked out the government can make a profit when reselling these.
It's a market economy. It's always better here and we pay WAY Less taxes than many countries and have the freedoms to enjoy it.
The only summary I get is "it 'was' good times" and "I'm not paying for this".

Well I tell ya if it isn't good enough here for ya country boy than find yourself another country! Frankly if it only cost me $2.2k to purchase your mortgages that's cheap - and we'll own them. Would you rather let the Chinese step in and buy up the mortgages and your banks (your companies)?.
Click to expand...

So if these securities are so valuable that the Government would own, why can't the current holders of them sell them and make a profit?

Mark W
 
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