Comments on: BVC #18: It’s Better to Not Need a Bailout http://www.bargaineering.com/articles/its-better-to-not-need-a-bailout.html personal finance blog with anecdotes, advice and commentary. Sun, 12 Feb 2012 23:30:41 +0000 hourly 1 By: FlyFisher http://www.bargaineering.com/articles/its-better-to-not-need-a-bailout.html/comment-page-1#comment-353870 FlyFisher Tue, 21 Sep 2010 03:59:46 +0000 http://www.bargaineering.com/articles/?p=4902#comment-353870 Depending on a bailout is never a good place to be. For one it is a self fulfilling cycle, and two you never know when it will be snatched away. good point. Depending on a bailout is never a good place to be. For one it is a self fulfilling cycle, and two you never know when it will be snatched away. good point.

]]> By: Ron http://www.bargaineering.com/articles/its-better-to-not-need-a-bailout.html/comment-page-1#comment-322760 Ron Wed, 12 Aug 2009 07:31:49 +0000 http://www.bargaineering.com/articles/?p=4902#comment-322760 Thing is, the whole thing is not that simple. If it is, the banks won't have enough money to support the housing industry and our economy won't be so good the previous years. The way how the banks gave out loans, to 'so-called' support the housing industry, supported by wall st by mortgage bond package, which was supported by multiple layers of further bond packages, further supported by foreign banks in buying those bond packages, further supported by insurance companies who 'guaranteed' those bond payments, further supported by rating agencies in further 'guaranteeing' that the 'guarantees' made by the insurance companies is valid; is enough to freak me out. Thing is, the whole thing is not that simple. If it is, the banks won’t have enough money to support the housing industry and our economy won’t be so good the previous years.
The way how the banks gave out loans, to ‘so-called’ support the housing industry, supported by wall st by mortgage bond package, which was supported by multiple layers of further bond packages, further supported by foreign banks in buying those bond packages, further supported by insurance companies who ‘guaranteed’ those bond payments, further supported by rating agencies in further ‘guaranteeing’ that the ‘guarantees’ made by the insurance companies is valid; is enough to freak me out.

]]> By: Bob http://www.bargaineering.com/articles/its-better-to-not-need-a-bailout.html/comment-page-1#comment-320793 Bob Wed, 05 Aug 2009 13:38:54 +0000 http://www.bargaineering.com/articles/?p=4902#comment-320793 You are absolutely right on, any time you can avoid a Government hand out of any kind it shows you can do it on your own and gives you a sense of pride and accomplishment. You are absolutely right on, any time you can avoid a Government hand out of any kind it shows you can do it on your own and gives you a sense of pride and accomplishment.

]]> By: Safeway Sage http://www.bargaineering.com/articles/its-better-to-not-need-a-bailout.html/comment-page-1#comment-320792 Safeway Sage Wed, 05 Aug 2009 13:37:24 +0000 http://www.bargaineering.com/articles/?p=4902#comment-320792 I also think that these programs have an indirect benefit of keeping that segment of the populace from revolting and making the crime rate go through the roof... As elitist as it sounds, I consider those programs to be a payment towards a steady, if not lower crime rate. I also think that these programs have an indirect benefit of keeping that segment of the populace from revolting and making the crime rate go through the roof…

As elitist as it sounds, I consider those programs to be a payment towards a steady, if not lower crime rate.

]]>