Only one credit card here, and I am maxed out. So yes, I’m hoping for a bailout.

If they can bail out wall street
and the automobile companies to they can pay their retires full wage retirements
If they can bail out the air lines…….and who knows who’s going to be standing in line next.
Why can’t they bail us out? Isn’t it OUR money their giving to the rich and powerful in this country?
When do I get My vacation like the ceo’s are taking?
When do I get my bail out for my debt?
When do I get paid back the money I’ve spent on MY mortgage since my house is already paid for?
How come their taking from the poor to give to the rich?
THIS COUNTRY ***** BECAUSE THE MAJORITY OF THE PEOPLE IN IT ARE BRAIN DEAD AND ARE UNABLE TO DO ANYTHING ABOUT THIS BECAUSE THEIR TOO DAMN STUPID. RETARDED IS MORE LIKE IT.

No. Because everybody with credit card debt probably had a spending problem, considering that most of everyone with a credit card is probably between the ages of 18-30.

The short answer is NO!

The long answer is that the government wouldn’t be bailing out the people, the government would be bailing out businesses. However, Americans must learn to live on less than they make, and start saving instead of spending. Anyone with any economic sense understands that at some point the credit runs out if you consistently follow a pattern of spending more than you make. It will eventually catch up to you and you will either have to stop spending and pay off your balances, or you will have to file bankruptcy.

Save me all the speeches about people need credit to live. There is hardly a sole in this country that doesn’t carry a cell phone, and I can’t tell you at the number of times I have seen people paying for their food with food stamps and then laying down a $100 bill to buy their cigarettes and beer. The American population is spoiled and needs to wake up to the reality of economics. Everything comes at a price and nothing is for free, especially when the government is “paying for it”

Back to bankruptcy, who do you think pays for bankruptcy? Not the banks, but the consumer in the form of higher interest rates and fees. Businesses will make money and they always pass on higher costs to the consumer, otherwise they wouldn’t be businesses they would instead be FAILED businesses. So when I say no, I mean no to the banks because it is their eagerness to hand out credit cards like candy that has brought us to this point. Failed businesses are as important to the economy as successful ones. Businesses that fail due to poor management and practices should be held responsible for their actions.

So for all you who think this is a good idea so you can get a piece of the $700B bailout, just remember everything comes at a price and the only way to pay the price is to take money out of your pocket in the form of additional taxes. So stop looking to the government to solve your problems, the government has proven that any problem they solve costs 10X what it would cost in the private sector and on top of that it usually creates 10 more problems to be solved. Just look at the collapse of the housing market.