The Economic Rescue/Bailout for Dummies 101 September 28, 2008 Sean Lewis Think of it this way.
Your business needs money to pay the bills, but your creditors demand payment NOW! Your suppliers demand money before they ship and the guy next door is going out of business so he is giving the same goods you have for half price with a 50% lost. You can get a short term business loan from the government. Resume regular business after the fire sale ends Or you can get a Vulture Capitalist buy your business for $.10 on the dollar, Which will mean the laying off of 90% of your employees and a reduction of services to the customers Or the Venture Capitalist can take out insurance on your firm stating you will stay in business and he is good for your debt and he receives a portion of your future profits. But the Venture Capitalist gives you no money to run your business pay your creditors of suppliers The Republican insurance plan is this one.. he can take out insurance on your firm stating you will stay in business and he is good for your debt.... The White House Plan is this one.... You can get a short term business loan from the government. What is happening without a Rescue/Bailout.... Or you can get a Vulture Capitalist buy your business for $.10 on the dollar, Would you put money up betting this guy will not go out of business? Can this guy buy insurance with money he does not have that he will not go out of business? These are the scenarios, which one makes sense? The Bank is the Business. The Product are home mortgages The Competitor is foreclosed properties. --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
