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Reply #14: Why guarantee loans? Just give em out ourselves. [View All]

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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 01:51 PM
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14. Why guarantee loans? Just give em out ourselves.
Since the banks won't loan, let the Govt. Nobody wants to buy loans unless they are backed by the Govt anyway.
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  -Why doesn't the government just guarantee new loans? MrPerson  Mar-21-09 12:43 PM   #0 
  - All the money has to go the hedge fund managers to give to the rich  valerief   Mar-21-09 01:05 PM   #1 
  - Especially credit apps from the dealerships  masuki bance   Mar-21-09 01:16 PM   #2 
  - Guarantee them with WHAT???  lynne   Mar-21-09 01:22 PM   #3 
  - The OP has no ability to see the big picture.  Joe the Revelator   Mar-21-09 01:24 PM   #4 
  - You see only your picture.  MrPerson   Mar-21-09 01:25 PM   #6 
     - And you want frilly feel good answers to problems  Joe the Revelator   Mar-21-09 01:27 PM   #7 
        - Not true. I have seen failure turned into success many time.  MrPerson   Mar-21-09 01:32 PM   #8 
           - My job is not to think of ideas; but I will support those that make sense in the real world  Joe the Revelator   Mar-21-09 01:35 PM   #9 
              - No You don't want to do it because it helps  MrPerson   Mar-21-09 01:38 PM   #12 
                 - Oh yes thats exactly it, its like you crawled in my head and took a picture of my brain  Joe the Revelator   Mar-21-09 01:47 PM   #13 
  - The bailout money.  MrPerson   Mar-21-09 01:25 PM   #5 
  - Govt is busy right now paying old loans that it guaranteed and have defaulted. n/t  jody   Mar-21-09 01:35 PM   #10 
  - The problem is the banks won't make loans.  MrPerson   Mar-21-09 01:37 PM   #11 
  - Why guarantee loans? Just give em out ourselves.  dkf   Mar-21-09 01:51 PM   #14 

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