Quote:
Originally Posted by Jibartik
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Guess who gets the checks for this bailout trunge?
Billionares.
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If they cut checks and mailed them out and people payed 10k off their loans, who gets the money in the end? (hint: the answer is the same)
That doesn't make it not worth doing though. Clearing those debts, for most people, means they suddenly have hundreds of dollars more a month to save, invest, or put into the economy.