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#99 - ballerfifteen (06/05/2012) [-]
i dont mind obama i just wanna know why he didnt give the bail out packages to the people who needed to pay off their loans to the bank ? the money would of still went to the banks and people could of still kept their homes
i dont mind obama i just wanna know why he didnt give the bail out packages to the people who needed to pay off their loans to the bank ? the money would of still went to the banks and people could of still kept their homes
#111 to #99 - Lazaruz (06/05/2012) [-]
As I see it, the problem with that is control (which as it turns out was also a problem with some of the companies we bailed out). What would most likely happen is a large number of people would game the system. Want a few car? Miss a few mortgage payments and the gov't will send you a big check! The cost needed to actually manage such a system would be astronomical. Plus everyone and their uncle would want a bailout then and there simply is not enough money to do that.
#101 to #99 - daburger (06/05/2012) [-]
....that actually makes sense
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