PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 27th Sep 2008, 10:31
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ChrisLKKB
 
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Given the financial turmoil at the moment the US government may be the only balance sheet that has the luxury of being able to hold them to maturity. In fact the US tax payer could make a killing out of this.
Perhaps you could e-mail that to the republican tossers who want their 15 mins of fame by putting their 2 cents worth in

I agree this is the only chance to get the financial system back on track in a timely manner and ultimately the aviation sector. It might not address all the problems but it seems to be the least painful option to give the banks a chance to sort their house out. When/If it's passed, the government needs to show they have the balls to ween the banks and public off their culture of credit and greed!!

IMO this means no more 100% 5x income mortgages, tighter control over lie to buy mortgages and no more 70K career loans, heaven forbid wannabees will have to work for the money to train for their dream job rather than have it handed to them on a plate.
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