Talk of The Villages Florida - View Single Post - How Are we Going To Pay For The Bailout?
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Old 09-19-2008, 06:12 PM
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I confess that I am out of my element in the world of banking, mortgage and finance where so much is happening so fast. I have a question that I can't seem to find an answer to. Perhaps one of the TOTV financial sages can explain it in monosyllabic expression that I can understand.

When we consummate the bail out , sounds like a wedding honeymoon, will the government own something tangible that has any value? Will they own paper or actual homes? Will they be collecting mortgage payments?

If so, does that necessarily mean some return will trickle back into the government coffers?

The answers to these questions have to compute into the wisdom of the bail out.

Thanks.