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Question

Question

  1. Gordon Brown, I would like to ask why you think pouring all this money into the banking system to get them lending again is a good idea when most people can't afford to borrow anymore money?  Why is this a good idea, when most find themselves in this position because they were allowed to borrow more than they could realistically afford in the first place?
    How is this supposed to help those who are mortgaged and loaned to the hilt and are in the process of going to the wall because they cannot meet their repayment demands as it is?  How are they supposed to get credit?
    I would like to know what exactly this government is doing for the ordinary hard working family, as for some of us this recession will never end
    Asked by smeagles4 on Mar 13 2009 8:31:58 AM and supported by 13 members
  2. 13


1 comment
mthornton at Mar 13 2009 12:00:00 AM Instead of pouring money into banks. Maybe they should offer 1st home buyer grants etc to help out the people so they wouldn't have to put themselves at credit risk.