BigBadWolf asked:


Here’s a clip from the AP story:Commercial real estate developers said Monday they also are petitioning the government for support from the $700 billion rescue fund. The Real Estate Roundtable said an estimated $400 billion of commercial real estate mortgages will come due by the end of 2009 without adequate refinancing options.

Industry officials said thousands of office buildings, hotels, shopping centers and other commercial buildings could be headed into foreclosure or bankruptcy unless the government provides support.

Jeffrey D. DeBoer, president of the Real Estate Roundtable, said the industry has written to federal officials asking to be included in a new $200 billion loan program being run by the Federal Reserve, with support from the financial bailout program, to bolster the market for credit card debt, auto loans and student loans.

DeBoer said the commercial real estate industry would like to see that program expanded to cover their properties or have a similar program begun to help their industry.

So I had to ask Banks car companies and now maybe commercial real estate developers… So where will the government getting around to helping those in real need… American families???
Well said Toopy but I still have to point out these are the very same people who landed us in this mess and they rather then step-up and try to fix the mess they made the go whining about needing more money because we little guys can no longer afford their services.

Adeline

EMT-I asked:


My husband and I have been fortunate enough to be responsible when it comes to money. We don’t have any kids. We save, invest, use CD’s, etc…

But… when people (mainly family) only talk to you because they need money, it gets old. We’ve helped many times, and have done (in our minds) all that we can do. The Bible says “Let not your charity make you weary.” There is only so much we can do, and we have to take care of OUR family, when we decide to start one.

I’m loaning a small amount to a family member for the LAST time. They seem to always be in the hole, about to lose everything. I want to attach some tips to help them save money. I know if my husband and I were in the same place, we’d be living in the dark eating pork and beans and playing a card game. So what would you tell someone?

A few of mine:

Turn DSL/computer off.
Cell phones off.
Cable off.
Clip coupons.

Thanks in advance

Rico