United States - the Credit Union

A lot has been said about President Obama’s mortgage bailout. Some people like it, and some do not. Another way to look at it is to see the government as the credit union and the American people as the credit union members. Since they make contribute to their union bank and happen to have dire emergency, they may go to their union bank to request for assistance or loans. So, since people pay taxes and right so, the government admits that this is the peoples’ money; do they not deserve to be helped in the time of crisis – the mortgage crisis? Why help the non-union members (banks, auto, and insurance industries) rather than the union members (the American people).

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