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Originally Posted by SniperSB23
Wow, I'm terrified, so I can't get a new credit card? Holy crap, how will I ever survive?
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won't just be for new ones. any in your pocket, along with any ATM cards immediately go too, as they'll all be declined.
people with money in the bank will be fine.... everyone living on credit will be out of luck. small businesses that buy almost everything on credit would go under and a ton of jobs will be lost also.
people that look at this as a wall street only bailout are totally clueless and are listening to way too much of the media's crap. I DO wish they wouldn't bail these companies out. Have them go under and take every single CEO/board of them and let each and every single one rot in jail. Loan them money if necessary for a time to be paid back with interest, yes, bailout with the gov't taking over and eating the bad paper, not a chance that's ok with me.