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Originally Posted by Danzig
no money as yet has been distributed, correct? but the last two weeks the market has done better than in months.
i think they should rescind the vote, the money-we can't afford the cure for what ails us. in this case, the cure is worse than the disease. trillion dollar deficits for years-how exactly does that help us long term? or even short term for that matter????
how exactly did we recover from every other recession, as i don't recall votes or hysteria like this in the past?
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Some of the companies eligible for bailout money have now said they don't need it; and several have said they will have it paid back quickly.
Trillion dollar deficit for years - our deficit doubled during the last eight years. Doubled.
Nobody knows for sure if the additional money will help or not. We just have to see. Yeah, that sucks.
This recession involves the banking failures. That is what makes it different than previous recessions, and the potential affect on the country, and world, much different.