We hear the term mentioned daily on the news. Consumers are wanting to know where is there bailout? Why are all these companies that didn't take care of their financial future, getting bailed out? What does all this mean?
Well, I am not sure how to answer this but as always those entities that have cash will come out of this uncertain time with the possibility of great wealth. There really isn't any direct bailout for the consumer unless you look at the employment issue. If companies can stay afloat they will be able to pay people to work. If our unemployment increases then the bailout attempts have failed.
What do you think?
Ron Yarbrough
Friday, November 14, 2008
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