[jolinar of malkshor]

Originally Posted by Phanuthier

Its debt


The bailout is to let money flow more freely via credit. If the bailout doesn't go through, the risk is that there's there will be a credit crunch and it'll be hard to get loan, hard to buy things on credit, and more important, hard for businesses to run day-to-day operations with limited cash flow. I'm sure most people here that do work in in some sort of accounting position - industry, bank or otherwise - understand the difference in an income statement and a balance sheet, and while you can run deficits in the long run and be ok, you cannot run into a cash flow problem. Cash flow problem = death to a company.

Somehow, we have to let credit flow back into the market at some sort of reasonable rate, or else lots of jobs will get lost - both in the USA and Canada - as businesses shut down. I don't really have an opinion on the bill, because I still have no idea where $700B even comes from and I don't think anyone should have an opinion unless they understand the full extent of this. What I do NOT want to see is anyone getting anything out of there - no way if fataing hell should this go to any CEO's severence package or anyone's salary, ie golden parachute. No way should this help out the stock market either, or have this money go back into supporting speculation - the whole gaffee that got the market into this mess. This should strictly go into credit.

How many times do I have to say it. They print the money plain and simple.