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Once you give the money for the "bailout" what it gets spent on is up to the private enterprise. The problem is the bailing out of all of these private enterprises. My wife purchased furniture recently and used our Citi Bank card. I was hoping I wouldn't have to pay if they went down. Why when discussing the "bailout" when times are tough are we not discussing how much Citi and AIG and others made when times were good. Shouldn't they have put some of that money aside for the bad times that are inevitable? Be a day or two late on a bill and your interest rate increases. Run a big corporation poorly and get a handout.
By RK Virginia