JoB
charlabob…
i don’t think bailing out Bear Stearns helps a single homeowner.. unless you count those who still own their homes.
it is possible that it may help stop the slide in property values to not have more homes dumped on the market at fire sale prices… but only if restrictions were placed on them as part of the bailout and i doubt that was the case.
it could help those of us with IRAs to consider tho.. if it manages to help prop up the stock market.. which rises or falls with “confidence”.
i don’t have much confidence in that either.
The problem in a nutshell is that we have been paying huge amounts out in corporate welfare… ok .. we call it incentives and bail outs… but aren’t much interested in individuals…
All the more reason to elect a democrat and at least increase our odds.