Sunday, September 21, 2008
Federal Money Bailout not for the People's Interest
If you have been mostly at home today and had been watching the News, you might have heard about the bad Debts and Bad loans bailout of the Federal goverment for the bank who are in trouble.
However, the telephone rings every five minutes by the asset recovery and outside collections that these troubled banks had hired making treacherous calls to people like us with no jobs, sick, frail, old, disabled intimidating that if we do not pay what we owe the bank we will be sued and they will get a judgement even after explaining that there is simply no money and as a matter of fact the family only eats once a day as they dont have money to buy for food.
The calls were brought about by bank charges,, onverdrawn account feee, non-sufficient feee charges and where not the cause of the collapse from the hundreds of thousand losses from the foreclosure crisis.
So as average people we are still the victims even with the goverment rescuing these banks as they are trying to get money from us which was not the main cause of the problem.
Is goverment is just sleeping that they don't see this impact that the bank are doing to us? You are saving the banks behind but they are attacking us, don't you think there is a a real problme here.
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