It Arose From the Dead.
Today the Senate will vote on the bailout. The differences? An increase in FDIC amount, tax breaks for middle-class and small buisness groups -- enough to make it parade as different legislation.
Both Presidential candidates plan to be there for the vote.
I really wish that they would consider making more provision to renegotiate loans so that the ARMS were eliminated in favor of fixed loans. ARMS are just a way to shark people and feed the banks.As a matter of fact, cleaning out ARMS should be a prerequisite to either getting a loan or selling off interest in the banks. This crap of money with no strings stinks.
Wednesday, October 1, 2008
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