What do leaders mean by "voting on a bail out" and what is done with the bail out money?
3 Answers to "What do leaders mean by "voting on a bail out" and what is done with the bail out money?"
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"Bail out" is a fancy way of saying "hostile takeover". But just worded in a way that makes it sound like "a good thing".
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We give a major portion of it to foreign countries who make products that we then buy. That helps those countries by making new jobs for them and releaves us of our government welfare money. So, it's a way of using our money in two ways to support others. Is this a great country, or what ?
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Best Answer (Chosen by Voting):
Posted by Bear1956 Aug 8th, 2012 at 9:38PM
It's given to their fat cat campaign contributors at the taxpayers expense.
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