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Old 09-29-2008 | 02:21 PM
  #11  
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Originally Posted by Vadster,Sep 29 2008, 04:03 PM
this explains why I am glad the bailout bill did not pass

http://www.cnn.com/2008/POLITICS/09/29/mir...lout/index.html

why should you & I have to pay for it?
Old 09-29-2008 | 02:48 PM
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Eh, I'm kind of glad it didn't pass too... sad to say, but yep.
Old 09-30-2008 | 07:44 AM
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anybody that works in retail...or anything to do with their products relying on financing in most cases to be purchased will be negatively affected....really negatively...trust me...my work is feeling it bad already...and the banks have tightened up so much on loans its not even funny
Old 09-30-2008 | 07:49 AM
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As they should have. They shouldn't have been handing out loans to fools that couldn't possibly have afforded them anyway.
Old 09-30-2008 | 07:57 AM
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thats not carmax...thats the banks...carmax has no bearing themselves as to who gets what loan
Old 09-30-2008 | 07:58 AM
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im only there for two more weeks but i feel bad for the guys that are gonna be hurting from this after i leave
Old 09-30-2008 | 08:00 AM
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still why do you think there are so many foreclosures? Lending to those who couldn't possibly qualify for one, but they get it anyways.
Old 09-30-2008 | 08:04 AM
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im talking the retail and automotive industry...not the housing......the housing has affected everything else...and now everybody is suffering because of the housing market...which is by no means a reason to say, oh its fine let everything collapse and reset itself because that will hurt alot of people indirectly affected by all the forclosed mortgages but had nothing to do with it
Old 09-30-2008 | 08:06 AM
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Originally Posted by Dereklsept,Sep 30 2008, 09:57 AM
thats not carmax...thats the banks...carmax has no bearing themselves as to who gets what loan
Well yeah, I was referring to the banks.
Old 09-30-2008 | 08:09 AM
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well the total point of what im saying is...if this bailout doesnt go...its going to affect ALOT of people in a very bad way...and i really dont wanna see a bunch of businesses go under because of the bad decisions of the banks that they had no control over



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