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what was the bailout to the banks for?

By:	ghost_rider
Mood:	irritated
Date:	07/29/2009 03:10:42
Music:	None

i know this is just griping and whinning, but why not let it out? just to let you know how this bailout is working, they moved my job to mexico in dec 07, during the time between then and now, i attend school until finacial burdens and family health problems (no ins, i might ad) caused me to drop out and go back to work, making half of what i was making. i was basically out of work for one year and three weeks. naturally, i fell behind on bills, when gas hits the $4.00 mark and your on unemployment, things get real tight, i have a decent job with lots of room for advancement now so, i called my mortgage company, which started out as countrywide but is now bank of america, to try and refinace for a lower payment, i talked to three different people, all of whom spoke broken english that i could barely understand, and they said my credit score was too low for them to refinace my house, i requested a credit report and the only two bills i have are for my mortgage and my truck. the low credit score came from bank of america! then they had the balls to tell me that they would loan me the money to catchup payable over 15 yrs! now, if i'm trying to get a lower payment because now it takes two weeks pay to make a single payment, how the hell do they think i can afford another bill? what was the bailout for? didn't boa receive around $35billion for this sort of thing or was it so the execs could take another vacation? i know i'm just whing, but i gotta let it out somehow..lol

MEMBERS COMMENTS

VIEWING 1 - 5 OUT OF 5 COMMENTS

From: t t
08/03/2009 13:21:32 Try writing to your Senator or Congressman --- A friend of mine was in the same situation with CW and BoA...she was able to get something "realistic" worked out. ....I know she suffered the same frustrations as you....and was dangled a carrot by CW - SSDD -

From: bruinsrock24
07/29/2009 20:37:44 I'm not in deep s**t and am not telling myself that anything will get better. cmarvel was thinking that this next year will be the "worst of times" and that obama is the biggest liar ever. I was just saying that he was over exaggerating. I realize that this is a tough time for a lot of people, but alex234, the government cant give everybody a big bonus.

From: alex234
07/29/2009 18:01:21 wow ,please wake up and stop telling yourself it will get better .U are in deep sh............. and Obama wont help u and economy as long as system will support what his name?Maddock and he stole how much 50 bill.haha and how many people are fu.....now and cant make a living?shame!!!!!!!!!!! maybe cleaning goverment and system will do better than bailout or should i say big bonus for some.i will say hang on ghost-rider but im afraid help wont come soon.

From: bruinsrock24
07/29/2009 17:29:02 cmarvel you need to calm down. No U.S. President is not trying to help out the country. Obama is no where close to be a communist, and the only reason that America has been somewhat close to being socialist at all is because the government HAS to buy some companies and then that gives them the right to fire employees at that company. His agenda was out there during the election and people liked it, which is why he is the President. I wanted McCain to win, but I'm not getting pissed off about it. There is no way that this next year is going to be "the worst of times coming guaranteed." Yes, Americans are the greatest people on Earth, but the government can't help everybody. It helps people and Democracy is designed to make sure that the government doesn't have too much power. If you can design a government that can help everyone, make sure there is no unenployement, no poverty, and can make sure that everybody has food on their tables everyday, let me know. Until then, quit getting mad at the government and Obama. Also, I would like to know how Obama is the "biggest lier ever." You need to learn how to spell and how to calm down. I realize that this blog and the comments are supposed to be about letting loose and saying how mad you are about the bailouts, but you are putting complete crap down.

From: cmarvel
07/29/2009 15:11:12 Hello, If you believe Obama is trying to help you then you are in denile and that is not a river in Egypt Obama is a Socilist and a communist his agenda is to controll not to be of help. His agenda was out there durring the election and people were warned just who he was. You are about to see the worst of times comming in the next year guaranteed. Americans are the greatest people on earth to succeed but understand the goverment is not going to help anyone. Obama is the biggest lier ever, even greater then Clinton.

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