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Bush Signs Blank Check for Costly Mortgage Bailout

Started by cordblomquist · 10 months ago

Bush signed into law an enormously costly mortgage bailout today, turning a deaf ear to financial experts who warned about the bill’s dangers and risks, and choosing instead to spend untold billions of dollars (potentially up to $300 billion) to bail out governme ... Continue reading »

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  • It's a thoughtful action, but I'm not sure how much one would appreciate being offered a band-aid by the same people who punch them. The average American is already over $40k in debt because of Iraq. All partisan thoughts aside, facts are facts. So, how is a bailout with money that just isn't there going to help?

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