The next bailout: Your adult children?

The next bailout: Your adult children?

There are 44 comments on the www.msnbc.msn.com story from Oct 13, 2008, titled The next bailout: Your adult children?. In it, www.msnbc.msn.com reports that:

As Washington unfurls its financial-market rescue, more families are weighing private bailouts of their own — of young-adult children burdened by debt.

Join the discussion below, or Read more at www.msnbc.msn.com.

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Common Sense

Westmont, IL

#1 Oct 13, 2008
I know lets all take out government inflation insurance for our children and grandchildren, or we could just throw the bums in congress out and the money lenders as well. Damn them all to hell that are not responsible to our founding fathers and their principles.
So much to say

United States

#2 Oct 13, 2008
I think the credit card companies should take the loss. They have marketed credit cards to college students,(whom they know have no income) like a crack dealer on the street corner.

The same kid who can't buy a beer can get credit coming out the ying yang. Everyone knows she/he may or does not -(probably not) have the job security to pay back.

Leaving it to good ole mom and dad. The same mom and dad who are in the sandwich generation of paying for the gap in their own parent's income.

These credit card cos are not stupid and they know their customers, and more importantly they know they customers can not afford their product and interest but they sell it anyway, knowing it will lead to destruction. Like a crack dealer.

“Obama said the USA is "one ”

Since: Mar 08

nation under Allah"? PROVE IT!

#5 Oct 13, 2008
hopefully ive passed on some of the economic common sense my granny passed to me------pay your way as you go,buy what you need but not everything you want and never ever use credit cards.
Guess who

Las Vegas, NV

#6 Oct 13, 2008
Parents just pull money right outta there asses and have money trees..
Guess who

Las Vegas, NV

#7 Oct 13, 2008
Gotta love em...
Guess who

Las Vegas, NV

#8 Oct 13, 2008
Money is to use and people to love...
So much to say

United States

#9 Oct 13, 2008
mr mojo risin wrote:
hopefully ive passed on some of the economic common sense my granny passed to me------pay your way as you go,buy what you need but not everything you want and never ever use credit cards.
Excellent advise.
Lance Winslow

United States

#10 Oct 13, 2008
I'm going to charter my family as a bank so that Paulson will send me a few millions.
So much to say

United States

#11 Oct 13, 2008
Lance Winslow wrote:
I'm going to charter my family as a bank so that Paulson will send me a few millions.
LOL Wonderful idea. Now that is the innovative thinking we need to help main street and working families get out of this economic nightmare!

We should learned to work the system long ago.
Lance Winslow

United States

#12 Oct 13, 2008
I'm going for a piece of this action:

"Oct. 13 (Bloomberg)-- The Federal Reserve led an unprecedented push by central banks to flood the financial system with as many dollars as banks want, backing up government efforts to revive confidence and helping to reduce money-market rates."
So much to say

United States

#14 Oct 13, 2008
Lance Winslow wrote:
I'm going for a piece of this action:
"Oct. 13 (Bloomberg)-- The Federal Reserve led an unprecedented push by central banks to flood the financial system with as many dollars as banks want, backing up government efforts to revive confidence and helping to reduce money-market rates."
I had the feeling that today the market was acting like shopaholic with a shiny new credit card. Here we go again. Some folks will never learn.
Lance Winslow

United States

#15 Oct 13, 2008
So much to say wrote:
<quoted text>I had the feeling that today the market was acting like shopaholic with a shiny new credit card. Here we go again. Some folks will never learn.
It's not like the money's for real...not the way Bernanke is printing it.

Since: Mar 08

Pittsburgh, PA

#16 Oct 13, 2008
mr mojo risin wrote:
hopefully ive passed on some of the economic common sense my granny passed to me------pay your way as you go,buy what you need but not everything you want and never ever use credit cards.
Amen. My dad never touched credit for the evil that it is, neither did his dad, neither have I.
Disgusted

Anniston, AL

#17 Oct 13, 2008
Aw--just go and vote the same USA Congress people in BOTH Houses back into Office -----so they can APPROVE/AUTHORIZED million more H-1B Visas so people from other countries can come to the USA taking USA Citizens Jobs in HIGH TECH/Professional Field USA Students have went to College to Train for---and Employers in the USA have figured out a way NOT to hire them---but cheaper working H-1B Visas Holders.

Things like sending ENTRY LEVEL JOBS to other countries by the Millions---then hollowing USA Citizen do not have the EXPERIENCE to be hired for advanced jobs in the USA.

Yes Sireeeeeeeeeeee just go vote those Congress people RIGHT BACK in---heck they might pass laws saying you can not have an abortion or you can ---whatever.

Sooner or later Mon, Pop, Grand Ma, Grand Pa along with their children old enought to vote-----MIGHT FIGURE OUT why little Sue and Johnny can not get Jobs they went to college to prepare for Employment in Entry Level Jobs in High Tech/Professional Jobs and Higher Levels later----just keep voting the Congress People back in so they can APPROVE/AUTHORIZE million more VISAS and give TAX Breaks to send ENTRY LEVEL JOBS to other countries for cheap labor.
piggott at heart

Kennett, MO

#18 Oct 13, 2008
Lance Winslow wrote:
I'm going to charter my family as a bank so that Paulson will send me a few millions.
i'm movin to canada
Guess who

Las Vegas, NV

#19 Oct 13, 2008
Gott Pig or Pig Gott...Gott is finnishhh
Guess who

Las Vegas, NV

#20 Oct 13, 2008
Oink Oink...
Rick

Bainbridge Island, WA

#21 Oct 13, 2008
Stop snivling. We were all warned. Its called Bin laden trading.

&NR =1
Hmmm

Dalton, GA

#23 Oct 13, 2008
But will this get those 40 yr old liberals out of Mom and Dad's basement?
Lola

Hollywood, FL

#24 Oct 13, 2008
Temptation = Evil. Wouldn't wanna get caught in the cookie jar!

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