On January 21, 2009 at 23:27, mcn779 said...
That's not only the lenders the people themselves, the
relators, the loan underwriters and I could go on all
have a share in the collapse.
I agree that everyone should share in the collapse. But now that were all aware of what will happen.. The lenders have the final say in who gets a loan and who doesnt. If they dont follow the rules.. no one else will.
Obama couldn't have suggested a more approprioate way
to spend the money?
He is limiting the donation to $50k per individual. He will not accept money from "corporations, political action committees, lobbyists who are currently registered with the federal government, people who are not citizens of the United States or from registered foreign agents." He is opening up the event to encourage the public to be involved.
Obama just became president and there is going to be a huge party. Theres always a huge party. Rich people love to drink and dance. Everyone in washington is rich or trying so theres a lot of money floating around.
