Friday, April 17, 2009

Question of the Day #3

Have you ever owed someone money, but they wouldn't let you pay it back? What are normally the intentions of someone who won't let another repay their debts?

Now, imagine someone loaned you a large sum of money. And they gave you this money whether you wanted it or not. The funds they are using actually come from a group of investors. They also do the same thing for several other people. You're not really sure how to take this; it's made apparent that you will have to pay the money back, but you don't know when or at what rate of interest. Then, the person loaning the money decides that one of the others they loaned to isn't using the money wisely, and they take control of the decision-making for that person. Now, you start getting concerned that they'll do the same to you. So, you contact the person that loaned you the money and try to pay them back, but they won't let you. Why would they do that?

If you haven't yet made the connection, I'm trying to illustrate what seems to be going on with the bail-out, or stimulus money, given to banks, financial organizations, and auto companies. So, here's what I want answered:

Why wouldn't the government allow companies receiving money in bail-out or stimulus form to repay the loan as soon as possible?

4 comments:

  1. They don't want the money to be repaid because being in debt is slavery. Giving money, unwanted, and unable to be paid back was a genius idea to give government control over the private sector. I wouldn't have thought of it. But then again, these are the same people who thought up the federal reserve.

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  2. Although I'm not the first one to make this connection, the mafia actually perfected this system. "Help" people, whether they need or not, then give no information on when the debt can be paid back or at what interest. From then on the borrower is always under your debt, i.e. in your control.

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  3. Adams answer is dead on. We have governers who are trying to refuse the money but are being told that they have to take it...it is all about dependence on the gov't. you give out enough crack you will have crackheads.

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