 HELP!! How CAN i SAVE $3500 in the NExt Few Months?? |
| I income a little less than $2,000/mo... I know this sucks (and I have 2 jobs!). I pay about $400 for rent and $600 on other bills and other things. But I have a MAJOR spending problem!!! MAJOR! H... |
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 Best loans for unemployed people? |
| i am looking for a loan of about £10,000. does anyone know any good companies that will not keep on passing you around to other people. i would like to avoid brokers who charge upfront fees as ive ... |
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 How do i earn $ fast? |
| i want a macbook and i cant get 1 cause of $ problems. i get $10.00 a week. the computer cost 1,100 i need 2 earn $ fast b-4 the price goes up. wat r ways i can earn $ wit out using a website?... |
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 How to make money online? |
| okay i'm still a minor but i will pay if it's not a scam i need to know how much i will get paid how i will get paid and when also i need to know what i will be doing to make this money ... |
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 Can we make it? |
| i'm gonna move in with my boyfriend....he makes around $400/wk i make around $200/wk....we're gonna move into a 1 bedroom apartment....with that, a car, phone, etc....could we get all our ... |
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 If you have $600 and want to buy something, what will you buy? |
| i need to spend like $600 for myself but i dont know what to buy. If you are in my place, what will you buy?... |
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 How does a single parent with four teenagers get rich? |
| My mom is a single parent and is struggling with money. We want to find a way to make money and we are willing to take advice. Don't be shy, come on!... |
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 How can me and my friends raise money? |
| We dont have that long to raise money mabye a couple hours or so, and we dont have enough time to have a yard sale or lemonade stand. Please help!... |
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 What can I do? Need advice and direction? |
Im a 23 yr old male.I live in Cornwall, house share with a friend and have a young son.Im sure im not the only one in this boat but what can i do...i'm skint?
Right,so here's my ... |
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 What should I do with my money? |
| Im a 27 year old working male making 35,000 a year as an independent contractor (meaning I don’t work for a company that has any type of retirement program). In the last two years since I've ... |
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 No Money Until Payday? |
| Due to Christmas, I have literally no money in my bank. My credit card is up to the maximum (only £600 but still) and I don't want to get a loan or anything as I will end up paying more in ... |
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 If you found a $20 bill in the pocket? |
| If you found a $20 in the pocket of your slacks that you just brought home from the cleaners, what would you do with the $20. Would you save it? (for what purpose would you save it?) Would you ... |
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Curious Mind | Understanding the "Bailout"? |
So let me get this straight. The american financial system, essentially capitalism, failed. So the government wants to cheat by using tax money to help crooked banks who were just following the capitalist way of life by greedily taking money from the average joe with obsurd promises. This is compounded by the fact that not only did they get away with your money in the stock market, they get to take your tax dollars as well. But the government doesn't care. They know you'll work your 9-5 job and give them even more money and their coffers will increase every time. |
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gosam777
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First off, it wasn't capitalism that failed. It was government intervention in capitalism. Second, they didn't get any of my money in the stock market. Conservatives got out last year, seeing it coming. Third, taxpayers aren't bailing it out, right now anyway. China and global investors, are. They have too much to lose. If they don't, the dollar is no more. If it does survives, the taxpayers that do pay for it, aren't born yet. Forth. Please do not assume everything is fixed. We could be in very, very deep trouble by Winter.
Fifth. If people are confident these mortgages may be profitable, why did nobody in the private sector, people who actually do have a clue, not offer to buy them instead? |
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Anna P
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Not quite that cut and dried. The savings and loan scandal actually returned some of the bailout money to the treasury (although the workouts cost a lot). WE (all of us) now own assets. We don't know how much they are worth or when we can realize any sale of them (right now would be useless). Also, some people will be able to keep their homes if their loans can undergo a workout (doesn't mean a freebie, this is common in commercial loans).
WE are also the stock market--your retirement fund, 401K and anything else is IN that market and for awhile you benefitted, like the rest of us. But now people near retirement will have to wait until the market goes up again.
This is a common boom and bust scenario essential to capitalism. It's not as us-and-them as you think. |
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RockDaddy
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NEWS BULLETIN:
IndyMac Bank: based in San Diego
Washington Mutual: Based in Seattle
Wachovia Bank: Based in Charlotte, North Carolina.
This is NOT a Wall Street bailout. The rapid decline in the housing market has left many banks holding mortgages that are collateralized by homes that are now worth less than the value of the loan. Banks are afraid to loan money because they are unsure about the creditworthiness of borrowers. Lately, they are even afraid to loan money amongst themselves, which has led to the most critical part of this whole fiasco.
The purpose of the Rescue Plan is to buy some of these troubled mortgages from the banks AT DEEP DISCOUNTS. If the Federal Government holds them until maturity, some of them may turn out to be quite profitable. Alternatively, they can wait for the markets to recover a bit and then begin reselling them at prices higher than the firesale prices they will be buying them at. |
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April B
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Too complicated to answer. Your understanding is too flawed, and I dont know where to start. |
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Mr. Awesome
 |
Not exactly. |
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Caninelegion
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Not quite - the two mortgage giants that started the mess were semi-independent of the government (like the Postal Service). They are highly regulated and have been subject to laws requiring them to make bad loans. In effect, the government caused their failure so is responsible for fixing the problem. An attempt was made to de-regualate the industry but half-fast measures are often worse then none at all. The US is less socialist then Europe but at best it can be called social capitalism. Socialist remedies are generally a bad thing but when socialism hinders the market from making small changes, they build up. The market can still fix itself but that would mean a worldwide depression thanks to government meddling. The bailout is a short term fix to restore confidence in the market so monies for short-term loans are free flowing again (businesses need them to meet payrolls then pay them back in a week or so). Now the work begins - fixing the actual problem by getting government out of the business of business. |
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Ertai2
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Then the government will take away our right to bear arms so we have no chance to rise up against these mongers. And the middle class is enslaved by the corporate powers. Sounds like a pre-determined plan to me. You know how they will take away our right to bear arms, remember in order for it to be passed by congress, they need a very good reason to. That reason would be to agitate the people so much that riots and protests are getting larger and more dangerous. Until eventually somebody uses a gun. Then congress will say "ok in order for us to keep everything under control and our economy to be strong without these protesters ruining it, we have to outlaw the sale of any arms". And there goes one of our freedoms. The ONLY freedom we will have left to stop them. The middle class is getting weaker and weaker while the upper powers are getting wealthier. IT IS ALL PLANNED. The world events are a stage and it is PLANNED and ACTED OUT. Slowly, deceitfully, behind the curtain. This stuff is real folks. Dont listen to your news anchor man who sees this as just being normal. And you're like yeah, everything is fine, people who think otherwise are just paranoid. No its because if you think everything is fine ... their plan is working. You need more knowledge cause what is programmed in your brain right now is work, family, school. You need more knowledge of whats happening on the outside. The eye on top of the pyramid is in control of you and is making sure you dont know what they know. Well Im giving it to you here folks. Its all planned, they care nothing of you. They are doing these events very very skillfully. You would think "Bush is so dumb why would he do that!". No, Bush is very smart ... he knows EXACTLY what he is doing. YOU'RE the sheep who is being herded. And if you continue to ignore it and be stubborn its not only going to ruin you but you / we allowed this evil to take over our world. How do we stop it? WE cant. But other countries might. Just be ready for it. World domination has gone on for thousands of years ... the last one was only 65 years ago. Another will be coming ... its called New World Order, or Military Industrial Complex. |
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Cowboys
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You pretty much got it all figured out. The question is what you going to do to stop them? |
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Vicky V
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You understand it correct. There is no way out of this situation. American people are practically hostages and nobody is on their side. |
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Derek L
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Bundle |
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weisenheimer
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Looks like you have it down pretty well. This was not only happening in the big banks...it was happening everywhere. |
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kurt_1225
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i dont like the bail out i think we shouldn't bail the big boys out! |
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Steve M
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Cheat.. not soo much cheat. take out of our pockets. However, let us not forget that these same people who want to bail them out put mandates for them to make more loans years ago to boost the economy. Uhh ohh... |
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ZED
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Man... Aaaaaaaall politician is crooks !
Be ahead of it !
Learn and listen to JAH. |
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Tanner T
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were u listening to Ron Paul? lmao i hope one day Ron Paul is in office |
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kb8mmd1
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You got it. And Its true just wait for one World Bank and Order, or go underground, far away. |
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