Debt Bailout

It was not before, that a family could live comfortably on a paycheck, and even save enough to buy a house and maybe even start a small business long.It seems today that the rescue is all so stupid as a child believing in Santa Clause.Big Business, in this case, the banks, lends us the money to buy our house or open a business.

The problem with this design is that no matter how well run our small company, we only have debt to pay each month. The debt. Consider the word.Guilt is not a good thing.If you in debt they are essentially slaves to the debtor.If you were working diligently execute independently of disease, natural disasters or other unforeseen circumstance you can not pay your debts.

The debtor will in turn take your home, your business, your possessions, and in fact your dignity.House Minority Leader John Boehner, an Ohio Republican, emphasized the need for Obama and Democrats on public dissatisfaction by responding very precise and specific with respect to the $ 775 billion economic stimulus package.Boehner noted that people are unhappy because it is difficult to features relating to the search for 700 billion U.S. dollars economic rescue plan.

I have only bring these points as a precursor of the reason why I, the "Financial Bailout" scheme will cause more harm than good feeling.In principle, it is not only a good idea, so the big corporations continue to make transactions.It has a negative effect on society than by the lack of small businesses in every small city in America to be seen.There are no more butchers, bakers or candlestick makers, there is only Wal-Mart and K-Mart.

There is no there is locally owned Home Depot and Lowes lumber yards there.It does not have owned and operated local banks keep money in the community, there are big commercial banks like Chase and Wachovia, which among themselves in our money and the interest payment is very low, while lending the same money at much higher prices and always in the trial.These are the types of companies that are of benefit to the "Consumer Debt Bailout".

The owners of small businesses to keep money in the community and take care of their customers.These are the companies that are good for society.These are the companies that we should support.