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Just Sayin'...

By
Real Estate Agent with Coldwell Banker Holman Premier Realty

I was speaking with a co-worker today and we both had this epiphany about the whole stimulus and bailout garbage.

We are bailing out the very companies that are holding our feet to the fire -- raising credit card interest rates to 29.99% when you paid a day late, refusing to work with you on a short-sale, taking your 401K retirements, etc.

Why are we doing this???  They say, 'They are too big to let fail". 

I say, "Let them!".

Comments (4)

Linda Jandura
Raleigh Cary Realty - Apex, NC
Realtor, North Carolina Buyer & Seller Specialist

I bet the rest of the country would agree with you on this one! I know I would. Do you think we should start a petition? lol

Feb 13, 2009 08:50 AM
Kathy Opatka
RE/MAX CROSSROADS - Ocean City, MD
Serving Ocean City, MD, & The Delaware Beaches

Kim,

I still think they should just give even U.S. citizen,over 18, the money!!! We'd SPEND IT and get this economy ROARING!!!!  Good epiphany!!!

Kathy Opatka Re/Max OCEAN CITY, MARYLAND

Feb 13, 2009 08:51 AM
Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

I just about fell out of my chair when I got the udpate to my credit card and it said I would now be charged almost 30% interest on unpaid balances.  Now I am one that is fortunate enough to pay off my credit card every month but for those who can't this incredible jump is just another slap in their face. 

Feb 13, 2009 09:54 AM
Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate

Kim,

From your mouth to the administrations ears. The more the government gets involved, the more trouble we seem to have.

Rich

Feb 13, 2009 10:42 AM