The Mudcat Café TM
Thread #114861   Message #2455312
Posted By: CarolC
01-Oct-08 - 09:55 PM
Thread Name: BS: Kucinich on the Bailout - interesting!
Subject: RE: BS: Kucinich on the Bailout - interesting!
The problem is that the taxpayers (through their government) would be borrowing that money from the banks. And then we would have to pay the interest on that borrowed money. We're already paying more than we should on interest on the national debt. It doesn't really benefit us in the long run to add a lot more to that.