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Re:$700bn Bailout is shot down by House of Rep Vote (205-228... by netcan on Tuesday September 30, 2008 @12:24AM (#319271)
>"That's just a fact, and I'm not in a mood to give you documenting links"

I would be interested in a link elaborating on your view. The facts I'll take your word on;)

It sounds sensible to me & I am having trouble making sense of all this. It seems plasuible because

-a- The US as a whole consistently borrow to spend. You need to run into a wall sometime. I'm not sure what the wall should look like.

-b- I am aware of the credit stuff you're referring to. It's unwillingness to lend, not inability to that is crunching. Loans were defaulted on.

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