bailout
September 2008 plan to try and rescue the US markets from crisis with
700 billion dollars. Eventually passed in October with
attachments by congressment for another $150 billion, totaling $850B. A giant
fiasco opposed by most economists, see also "we're fucked."
bailout
by legiveth on Oct 03, 2008 17:39:12
Example:
Monday what we had was a bailout for
Wall Street firms and not much
relief for taxpayers and hard-hit families
Bailout
by Marcus Sweets on Sep 25, 2008 08:29:14
Bailout
by The Space Goat on Feb 15, 2021 23:16:03
Bailout
by westernwishes on Feb 09, 2009 00:25:50
A sarcastic word meaning you are broke and in need of money; Referring to the government bailouts, in which large amounts of money were given/
loaned to the
Banks and Auto Industry. Neither endorsing or opposing the government
bailout.
Example:
-Dude, I'm so
broke, I really need a
bailout!
-That
company just went under! They really need a bailout!
Bailout
by CommonCents on Dec 16, 2008 09:08:56
Bailout
by ktedidit on Jan 16, 2010 02:42:31
Example:
The
schecklemensch told Algelides that they just missed the basic concept that the housing market would not continue to rise so they needed a
bailout to keep their bonuses in
tact.
Bailout
by Alisson on Sep 21, 2008 00:46:56
Money for people that had too much and
lost it on foolish investments. Typically screws everyone else in at least three ways.
1) They waste our money
2) They ruin
the economy
3) You have to pay more taxes to
make up for it
Bailout
by An ony mous on Oct 21, 2008 07:12:54
Bailout
by The Space Goat on Feb 16, 2021 23:37:22