Quote:
Originally Posted by BS Beef
I think we're losing site of the fact that all these loans, bailouts, what ever you'd like to call them aren't really free. The money has to come from somewhere and that somewhere is taxpayers pocketbooks.   |
Actually, the money is not coming from taxpayers. It's being printed up by the Fed. It will just be added to the pile of IOU's that is building up, called our national debt. It will never be paid off and someday we will have a gigantic financial collapse. I am hoping it will be timed for after I'm gone.