I read several financial forums and a great many think that the final cost could be well over 1 trillion dollars,maybe even as much as 2 trillion.How much of it will ever be recovered? The sentiment at these forums is strongly against a bail-out.
The average taxpayer should be mad having to bail-out the greed and excesses of Wall Street,Fannie Mae,Freddie Mac,AIG with their huge salaries and fat bonuses based off their cooked books and stupid business practices.! They owe us alot of money back.
All this bail-out is going to do is postpone things for awhile.They say that lots of hedge funds could be next.What are we going to do with the big 3 automakers? Its going to be a wild ride for the next few years.
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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