Why should we barrow money (US Government) to pay off barrowed money. The property is not worth it. Employers can not afford to pay people enough to afford the loans. Basically the government is going to try and keep the prices up on crap no one can afford. Me you and everyone else are going to pay the 700 billion dollars back plus… If we don’t some other country is going to own the U.S. Our land our Country is what the government uses to secure the loans it gets. What happens when we can not pay it back? The U.S. will collapse and no longer be the U.S.A we maybe China or Russia or maybe one of the Middle East countries we give so much money to for oil.
On the side note: We have greedy politicians that have millions of dollars in the stocks and they know if they do not pass this they will lose the money they have. I believe there is no way on earth this is not going to pass, they will are going to put a temporary fix on it so they can stay rich while and retire and we can pay for it after their time. This will probably spark the next great depression in 10, 20, or even 30 years. But, they won’t have to worry about it by then.
The U.S. will collapse and no longer be the U.S.A we maybe China or Russia or maybe one of the Middle East countries we give so much money to for oil.
On the side note: We have greedy politicians that have millions of dollars in the stocks and they know if they do not pass this they will lose the money they have. I believe there is no way on earth this is not going to pass, they will are going to put a temporary fix on it so they can stay rich while and retire and we can pay for it after their time. This will probably spark the next great depression in 10, 20, or even 30 years. But, they won’t have to worry about it by then.