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you are ab-using [QUOTE]blah blah blah[/QUOTE] to reply to Conservationist.
Please remove excess text as not to re-post tons
[QUOTE="Conservationist:820187"][QUOTE="sacreligion:820176"]all this plan is going to do is consolidate financial power in our "free market" system. when the values of wall st. companies and banks fail, the overhead companies can buy them out for, like you said, 30 cents on the dollar. also, what good does the government owning home loans do for us? and does this money go to the government or the fed reserve? they are the ones that proposed this bailout, correct?[/QUOTE] It's going to mean that the market does not have to equalize the difference in value a true bankruptcy would create. Also, the loans will now be administered, idiots kicked out and houses put back on the market. Otherwise, chaos might have delayed that indefinitely.[/QUOTE]
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