Thread: The BIG Bailout
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Old 2008-10-01, 06:14 PM   #56
Jim
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Join Date: Aug 2003
Location: Mohawk, New York
Posts: 19,477
Quote:
Originally Posted by Megan Essog View Post
I wish someone would bail me out
No one comes to my aid when I'm broke!
Someone probably would if you being broke caused millions of others to be broke

Something has to be done to release credit again. I have spoken to a few friends that own businesses and they are hurting more than any of us. One, a car dealer, can't seem to get anyone a loan. Another, the owner of a large office furniture manufacturer, could not get this weeks payroll and...their building loan went from 1.3% to over 3 percent. The increase of the loan is about $8k/week.
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