Tuesday, July 28, 2009
Easy come, Easy go
OK, just how do we feel about your lost of $1,233 due to our government investment firm? Bet you did not even know you had that to lose. According to Rick Newman, Chief Business Correspondent for U.S. News, that is what each household has now lost due to the hurry up bailouts. That’s $148 billion so far. Don’t wait for a dividend check. As he writes many who received bailout fund, nearly 700 firms, are still in trouble and will not be able to pay back money taxpayers gave unwillingly. I guess our government felt, easy come, easy go. Some are very close to declaring bankruptcy. Can we sue our government for breach of contract? Or can we write it off as a loss on our taxes?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment