Hi All...I just wanted to see what everyone thinks about the government wanting 700 billion(wow that's alot) to bail out these companies? I think our taxes are going to be effected very badly no matter what.

We will see it in the hidden taxes of inflation. Watch the food prices.

Vi

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Liberals are people that will believe anything twice.

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Regarding the 700 billion dollar question: I would say it depends on the time: as in time to resale the assets/mortgages and/or the period of time that the government will spread the repayment of the 700 billion, if applicable.

Personally, I believe if they do it right it can greatly impact the overall federal deficit. There seems to be a lot of reform going on with all of this; it will be great if the citizens could begin to earn a percentage of the interest and discount rates on these loans and otherwise.

Do you know the current or recent system didn't permit the citizen through the government to earn any rates on loans that the government lender to the banks to the consumers.

Ultimately, if the government has to do it big, it should be visionary, as in sound efficient and to the point and temporary, as temporary as it takes no more than 10 to 20 more years, if they do it righteously.

The government should be developing self sufficient citizens; this ultimately start with a cultures education and welfare programs; if there is no development in the institutions, especially among the least among us then that culture is only going to be as strong or stable as its weakest subculture.