Razzle Dazzle

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Lon
Posts: 9476
Joined: Fri Nov 12, 2004 11:38 pm

Razzle Dazzle

Post by Lon »

That's what the new Bailout proposal is. It's gone from 10 pages to over 800 and have added many so called sweeteners like requiring insurance companies to pay for mental health conditions the same as other illnesses. Sound good?

Watch your insurance premiums go up if that piece of crap passes. Oh---Raise the FDIC to $250,000 from the present $100,000. Sound good? Well hell, the government would have had to borrow the $100,000 to pay depositors and now their taking on even more liability risk. When are people going to understand that there is no free lunch? I hope this new version falls flat on it's ass. Only politicians are capable of gumming things up this bad. If they keep going they will have a Bailout proposal that equals the IRS Tax Code in it's complexity and stupidity.
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CARLA
Posts: 13033
Joined: Thu Nov 25, 2004 1:00 pm

Razzle Dazzle

Post by CARLA »

I fear this has already happened. :-5

[QUOTE]If they keep going they will have a Bailout proposal that equals the IRS Tax Code in it's complexity and stupidity.[/QUOTE]
ALOHA!!

MOTTO TO LIVE BY:

"Life should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways, chocolate in one hand, champagne in the other, body thoroughly used up, totally worn out and screaming.

WOO HOO!!, what a ride!!!"

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