Separate names with a comma.
Discussion in 'Current Events' started by edesignuk, Feb 4, 2009.
Man I wish I'm in New York right now.
Methinks San Francisco needs a Bailout Bill more than New York does.
Thats freakin' awesome!
Wow, I want to shake that man's hand......and find money in it.
Maybe I'll check it out this weekend...
What's the website he's promoting? I can't find the link anywhere.
I don't know the link, but basically the company that is running this is an internet startup that is a cross between a bank and eBay (though some people would argue eBay is a lot like a band already, but that's a story for another thread).
To put it in simple terms, you find some stuff you want to sell. You go to the site and say "Hey, I think my stuff is worth $250!" They say, "Ok, here's a $250 interest free loan. Put your stuff up and sell it. If you haven't got the $250 back to us in two weeks, the clock starts ticking on interest."
So it's eBay if eBay gave you the final sale price upfront. At least that's how I understood it...
Sounds like short term loan which has very high interest rate and unregulated.
Sounds like a recipe for recession 2.0...
I was at a food court in a mall in Edmonton (Canada) and observed a stylish young woman get out of a limo that had just pulled up. She entered the food court and started handing everyone she met a 10 dollar bill. This was a long time ago (in the 80s) and so I can't remember why I didn't hustle over and get some cash. I think I was too shy to step into her path.
I think some rich people sometimes feel guilty...
Ok, I found the actual site Bailout Bill is promoting: Bailout Booth
From the site:
I'd love to know if any of you actually understand a word of that...!