Small Tense Sigh Of Relief For Financial Buyout
by Anonymous from USA
Regarding Small Tense Sigh Of Relief For Financial Buyout: Now that the 700 million dollar financial buyout plan has been approved, it gives me a small but tense sigh of relief. As a middle class American citizen, I have been struggling financially for the past couple years.
I cannot fill my gas tank. In fact, my car has been broken down for months and I can’t afford to fix it. I am making payments on my insurance for it, but because I am, I don’t have any money to get it fixed.
My credit has been maxed out, which I am also making payments on, and in a few years when I get this cleared up, if they financial buyout did not happen, I may not be able to take out a loan to go to graduate school or get a car or buy a house. While I am a little relieved that this happened and will hopefully prevent our economy from collapsing entirely, I hope that Americans are responsible enough with this to take advantage of it.
I sincerely do not hope that people find ways to abuse the policy and profit from it unethically. I am certain that it would be possible and it would be detrimental to our country.
The cost of the financial bailout plan is going to make things tougher on the public long and short term in taxes but I think will collectively benefit individuals and businesses who need to rely on credit and loans which will help our system to continue to operate.
--Anonymous from USA
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