So I’ve been trying sell my air conditioner on Craigslist with no luck. That’s fine, because thanks to BuyMyShitPile.com, I can get the government to buy it. If they are going to blindly buy all the worthless subprime mortgages, why wouldn’t they like a gently used, 8000 btu AC?
This Bail Out is making me so angry. I think it should happen, just not without oversight. The governement could buy the loan the money to the major banks to cover the securities, at a decent interest rate. The banks stabilize, under new regulations invest in solid endeavors and then pay back the US taxpayers with interest.
Also, it is cheaper to reduce payments and give mortgage forgiveness than it is to foreclose. Neither of these things get done with a fast bail out bill that is essentially a blank check for a lot of unaccountable, never-will-be-poor, douchebags.
So I’ve been trying sell my air conditioner on Craigslist with no luck. That’s fine, because thanks to BuyMyShitPile.com, I can get the government to buy it. If they are going to blindly buy all the worthless subprime mortgages, why wouldn’t they like a gently used, 8000 btu AC?
This Bail Out is making me so angry. I think it should happen, just not without oversight. The governement could buy the loan the money to the major banks to cover the securities, at a decent interest rate. The banks stabilize, under new regulations invest in solid endeavors and then pay back the US taxpayers with interest.
Also, it is cheaper to reduce payments and give mortgage forgiveness than it is to foreclose. Neither of these things get done with a fast bail out bill that is essentially a blank check for a lot of unaccountable, never-will-be-poor, douchebags.
