The Second Coming (of bailouts)

[TheMercenary]

So where does it end? You get in over your head you get out on your own. Move to an apartment. Do what ever you have to do. But expect the government to continually bail you out over and over year after year?

All we are doing is delaying the inevitable. Many of these people are just not going to make it.

[classicman]

Originally Posted by TheMercenary

All we are doing is delaying the inevitable. Many of these people are just not going to make it.

and . . . whats the next step? Where do they go? What do they do? Whats the plan?

[xoxoxoBruce]

Originally Posted by TheMercenary

So where does it end? You get in over your head you get out on your own. Move to an apartment. Do what ever you have to do. But expect the government to continually bail you out over and over year after year?

All we are doing is delaying the inevitable. Many of these people are just not going to make it.

Two reasons they can't make the mortgage payments.
1- the interest rate skyrocketed.
2- they are unemployed.
I wonder how the people in trouble divide up?

You're right, in that the corporate balance sheets have to be squared away, to get the business of business back on track more quickly. Although evicting those people leaves the banks with more empty houses that aren't selling, so they are still short on cash. On the upside more empty houses means more opportunities for the homeless to hunt and gather copper and aluminum. Oh crap, that will make my empty cans worth even less.

But like classic said, what are you going to do with families where the breadwinner is out of work, and will be for awhile? Let them be hunter/gatherers? Now the kids can't go to school because they don't live in the district. But the schools might not be there anyway without the tax revenue. Oh, maybe that's what those secret government camps are for? Well, fuck 'em, as long as we're doing OK, eh?

Wait, there's a third group. The three quarters of a million that are bankrupted by medical bills every year. There is hope there though, I mean they're already sick, maybe some of them will die. Then the spouse and kids can, uh, do something. But I Hope they don't wander the streets, jaywalking and shit... that would slow me down.
Hmm, there's lots of room and a milder climate down south... maybe give 'em free railroad tickets, after all we own it... Hmm.

[jinx]

Seems like the more 'help' that is doled out to constituents, the more people expect to have done for them, and the less they can imagine anyone possibly taking care of themselves. How helpful is that?

[xoxoxoBruce]

So what do you do with tens of millions of people that are unemployed and now homeless. Homeless people at like neglected cats and dogs, they'll amuse themselves and you won't like how they do it.