Reply #27: and....

[islandmkl]

OPM won't be used to finance operations which have SOME risk for a while...

so, this is the 'trickle down' effect?...seems to be a long way from the bank financing to the benefit of 'everyone'...

first of all, these Sonic (and any other) franchisees are not needing funds to merely get started, remodel, etc...the net worth of franchisees is required to be XX$$$$ by the franchisor...numbers usually $500,000 to $1million minimum...

it is time for those 'with the money' to dial it back down to using their money to accomplish their activities...

yeah, it will slow down things...but the ramifications of this 'bailout versus collapse' are rooted in deeper fundamental problems than just 'liquidity'...

there seemed to be no problem when the train left the station at 200 mph, with all of wall street, most of congress and the bankers 'on board' with the engineer...

now that some kind of 'end of the tracks' is in sight, all the people they wouldn't let on the train' are supposed to not only stop the train, but pay for the damage from the wreck?

many americans don't trust the system to actually take care of itself, anymore...read Studs Terkel's 'Hard Times'...we've been through this before...

I don't like whippings, and it's been a long time since I've had one...but I remember, as a boy, the temporary evasion of the inevitable ALWAYS MADE IT WORSE...

i don't think we are getting the full truth about the real situation:

A) If it's NOT as fundamentally dangerous as it's being presented...mainly by those with an active stake in the 'game'....we won't support the bailout

OR...

B) If we are actually looking at a real collapse...lay it ALL out for the people...explain EVERYTHING that is going to happen, where the money will HAVE to go, and who gets what, and how the money will GUARANTEE A REMEDY

otherwise...I'll take my whipping, now...and let the chips fall where they may...


PS - OPM: other people's money...a staple of 'business'...as long as the 'other people' don't need to actually have their money back...