Comments on: When will the average citizen get debt relief will the? http://www.debt--relief--blog.com/personal-finance/when-will-the-average-citizen-get-debt-relief-will-the Blog topics covering all forms of debt relief Tue, 22 May 2012 14:34:48 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Nick Z http://www.debt--relief--blog.com/personal-finance/when-will-the-average-citizen-get-debt-relief-will-the/comment-page-1#comment-102 Nick Z Wed, 26 Nov 2008 16:16:37 +0000 http://debt--relief--blog.com/personal-finance/when-will-the-average-citizen-get-debt-relief-will-the/#comment-102 The average citizen will have to pay for all those bailouts through higher taxes. Which means that the little guy cannot bail out himself or herself. When you pay yourself, then you end up with the same debt problem as before. The government can borrow a lot of money from foreigners for now. But this will only make it more expensive for taxpayers down the road. Because they will have to pay for all the bailouts and all the accumulated interest on them too. The average citizen will have to pay for all those bailouts through higher taxes. Which means that the little guy cannot bail out himself or herself.

When you pay yourself, then you end up with the same debt problem as before.

The government can borrow a lot of money from foreigners for now. But this will only make it more expensive for taxpayers down the road. Because they will have to pay for all the bailouts and all the accumulated interest on them too.

]]> By: Shellificent http://www.debt--relief--blog.com/personal-finance/when-will-the-average-citizen-get-debt-relief-will-the/comment-page-1#comment-101 Shellificent Wed, 26 Nov 2008 15:53:02 +0000 http://debt--relief--blog.com/personal-finance/when-will-the-average-citizen-get-debt-relief-will-the/#comment-101 The banks are being bailed out because they gave crappy loans to crappy people that had bad debt or no debt. I'm sick of all the whining about getting help. Dont buy what you cant afford. That simple. I've always taken care of my credit, and live in a apartment. Now my tax dollars are being used to bail out people that didn't deserve a home in the first place. Thanks alot Democrats, thanks alot Obama and your lobbyist money, thanks alot welfare leeches and crybabies that can't take care of their own finances. McCain/Palin 08! Woot! The banks are being bailed out because they gave crappy loans to crappy people that had bad debt or no debt. I’m sick of all the whining about getting help. Dont buy what you cant afford. That simple. I’ve always taken care of my credit, and live in a apartment. Now my tax dollars are being used to bail out people that didn’t deserve a home in the first place. Thanks alot Democrats, thanks alot Obama and your lobbyist money, thanks alot welfare leeches and crybabies that can’t take care of their own finances. McCain/Palin 08! Woot!

]]> By: Rachel http://www.debt--relief--blog.com/personal-finance/when-will-the-average-citizen-get-debt-relief-will-the/comment-page-1#comment-100 Rachel Mon, 24 Nov 2008 05:09:08 +0000 http://debt--relief--blog.com/personal-finance/when-will-the-average-citizen-get-debt-relief-will-the/#comment-100 No; they won't do that. Think about it...if they didn't bail out AIG, it would cause even more of a mess for the individuals and small businesses. Investors would lose their investments. employees would lose their jobs, vendors would lose a major customer. So, bailing them out does help citizens...just not the ones who made bad financial decisions and got themselves too deep in debt trying to live a lifestyle they couldn't afford. No; they won’t do that. Think about it…if they didn’t bail out AIG, it would cause even more of a mess for the individuals and small businesses. Investors would lose their investments. employees would lose their jobs, vendors would lose a major customer. So, bailing them out does help citizens…just not the ones who made bad financial decisions and got themselves too deep in debt trying to live a lifestyle they couldn’t afford.

]]>