The auto is it a bail out or bridge loan? Do you think it should be passed? What do we do about the banks?
Posted February 20th, 2009 by admin 3 Comments »
killinine asked:
Is the bail out a hand out or a loan?
Is the bail out a hand out or a loan?
It is my understanding that bridge loans are short term loans and are to be paid back. They aren’t uncommon in business and since the banks aren’t loaning with the bailout money they have been given shouldn’t we help out. Still uncertain though, but what do you think?:
Also, should we take back the money we gave the banks since their just holding on to it?