Comments on: Senate to Vote on Bailout Plan http://www.iconoclast-investor.com/2008/10/01/senate-to-vote-on-bailout-plan/ An investment blog that is NOT always part of the herd Mon, 30 Jan 2012 00:47:48 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tony http://www.iconoclast-investor.com/2008/10/01/senate-to-vote-on-bailout-plan/comment-page-1/#comment-634 Tony Wed, 01 Oct 2008 18:30:51 +0000 http://www.iconoclast-investor.com/?p=623#comment-634 There should be no bail out plan by tax payers dollars. I am all for tax breaks and incentives of that nature. Let the lending institutions grind to a halt. There will be other institutions that will step up to the plate. So what if you have to come up with 20% to buy a house. Maybe that is what this country needs. No more instant gratification loans. This BS that DC is saying about small business getting loans so they can make payroll is so far from the truth. Name me one bank that will loan a small business money to make payroll. There should be no bail out plan by tax payers dollars. I am all for tax breaks and incentives of that nature.
Let the lending institutions grind to a halt. There will be other institutions that will step up to the plate.
So what if you have to come up with 20% to buy a house. Maybe that is what this country needs.
No more instant gratification loans.
This BS that DC is saying about small business getting loans so they can make payroll is so far from the truth. Name me one bank that will loan a small business money to make payroll.

]]> By: Senate to Vote on Bailout Plan : $700 Billion Bailout Plan http://www.iconoclast-investor.com/2008/10/01/senate-to-vote-on-bailout-plan/comment-page-1/#comment-633 Senate to Vote on Bailout Plan : $700 Billion Bailout Plan Wed, 01 Oct 2008 15:15:46 +0000 http://www.iconoclast-investor.com/?p=623#comment-633 [...] Read the rest of this great post here [...] [...] Read the rest of this great post here [...]

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