What do we do now? $700M bailout?

I'm so lost - what is this going to do to those of us who have managed (barely) to make our home loan payments. I didn't take one the those stupid-offer-you-everything-but-the-kitchen-sink deals. I took a home loan I could AFFORD. Who's really bailing these stupid financial instituions and home owners out?.....you and me buddy, the one's who can still pay..............well guess what - you may have just lost an uprising straight "A" Honors student a college degree (and YES her major will SERVE the public) because we probabaly won't be able to afford it after all the taxes on EVERYTHING we buy (including the FALSE ballooning of gas prices)...... folks....who really pays - you know don't you..............

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  • 1 decade ago
    Favorite Answer

    I just want to say that yes it is partly the homeowners fault for not keeping up with their mortgages. But look at the big picture maybe the people that are not able to make their mortgages had great jobs before losing them because the company they were working for shut down. Is it their fault that the company shut down? No, it is not. People make decisions whether or not to feed their families, take them to the doctor, or pay their mortgage. Facing these difficulties in life which do you choose. As far as the bailout goes I feel that it is not going to affect us in any way it is only to help out the people that already have money that really could afford to lose every once in a while to see how the real world works. Because face it we are the ones fighting to survive and they are the ones that have no problem going out and buying stuff for their kids, spouse, etc.. I think they could have organized the bill a little better to help the people that really needed the help. The people that are barely scrapping by...

  • 1 decade ago

    So I am not the only one who feels that this is no fair! I can't buy a house, because I screwed up my credit 5 years ago. I accept that, so why should these stupid people who are on the verge of getting bad credit be saved?

  • 1 decade ago

    Its been done and what people can do now is pray that its not going to kill our pockets slowly maybe there's a light at the end of this dark tunnel......Just found out Gov. Terminator...( Schwars....too long) asked $ 7 billion bailout right after it passed...hmmmm...I need a couple thousand to pay bills...you think they would mind ?

  • 1 decade ago

    I am so angry. My husband has been laid off THREE times this year and is currently laid off. I don't even know where our next mortgage payment is coming from. I sure am glad these rich monkeys get to stay in their mansions while we are going to get kicked out of our tiny home and won't even have enough money for RENT in a tiny apt. THEY caused these problems by greed and they are learning nothing.

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  • We're in Bush's hands from here on out.

  • Anonymous
    1 decade ago

    Yep. I know. Yet another major blow to the already precarious U.S. dollar.

  • Anonymous
    1 decade ago

    Not $700 MILLION, that is too cheap. It's $700 BILLION.

    Now what we do? We pay, what else.

  • 1 decade ago

    Hurry up and buy metals

  • 1 decade ago

    STupid idiotic motherF*cKerz once again aren't goin to take RESPONSIBILITY 4 their actions!

    what are we gonna do!??? uh! besides being PISSED off!... umm.....

  • mJc
    Lv 7
    1 decade ago

    Hold on to your money, that's what you do... we're in for a bumpy ride.

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