feature requests

dough boy's Comic Book Blogs

  • Lifetime Member

    dough boy | Male | 46 years old | Kansas City

"Why do today what you can put off 'til tomorrow"

Programmer by day, comic nerd by night. My official job title is "Director of Janitorial Engineering"

February 2024

SuMoTuWeThFrSa
 123
45678910
11121314151617
18192021222324
2526272829 

Archives

Tags

A trillion dollars

3219 views • Sep 22, '08 • (12) Comments

I am adamantly against the bailout (was on Friday when everyone else was for it...now you are all on my bandwagon after having a weekend to think about it).

But here is why they say we need it.  The loan markets have basically dried up...they are not loaning people any money because they are saddled with debt.  People that need to sell their house cannot because no one can buy.  They lower their price, and the cycle continues.

It is thought that if the debt was no longer on the banks books (they sell the debt to the Gov't for pennies on the dollar) that they will then be free to loan more money and thus restarting the housing market somewhat.

- read more

World Community Grid Logo
ComicBookRealm.com: 72 years, 71 days, 5 hours of Run Time
Help projects like: Smash Childhood Cancer, OpenZika, Help Stop TB, FightAIDS@Home - Phase 2, Outsmart Ebola Together, Mapping Cancer Markers, FightAIDS@Home
Join World Community Grid today!
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
  • Newest
  • Legacy Comics's The Adventures of Omega Girl Issue # 4
  • Marvel Comics's The Amazing Spider-Man Issue # 43d
  • Marvel Comics's Thor (The Mighty) Issue # 604b
  • NRG Comics's Zener: Master of the Mind Issue # 2