No Bailout for CIT

[runningman]

This signals the end of an era for the US being known as the entrepreneur capital of the world. Funny no bailout for the small business guys. As Goldman bet on the meltdown and is now taking the homes the small guy gets trampled on even more. This is why Obama is so skinny. It truly is disgusting what is going on in the world right now.

http://online.wsj.com/article/SB125709781695721315.html?mod=rss_Today%27s_Most_Popular

Story of Goldman stealing your houses.

http://www.mcclatchydc.com/227/story/77841.html

[Garrick]

Re: No Bailout for CIT

the bailout never should have began in the first place. if everyone isn't bailed out, people will start fussing. if everyone is being bailed out, people will start fussing. its a lose lose situation.

bailouts are probably only delaying the inevitable anyways even though i hope i'm wrong about that.

[runningman]

Re: No Bailout for CIT

I agree about the bailouts. But when you see Mega Institutions like Goldman essentially taking over the US it just makes you wonder who is in charge?

But it is awful hard for small business and innovation to succeed when you are bankrupt.