Wednesday, November 19, 2008

Hey Dude, Where's My Bailout?

K.R. is in a service business, serving mostly small business clients.

Account receivable are swelling but cash flow has dried up. Clients aren't able to pay because their operating lines of credit have been frozen by their banks -- the same banks that are getting rescued -- with our tax money -- from the consequences of their past bad decisions, decisions that brought down our economy. So now they are hoarding their resources and wreaking further damage on the economy and the rest of us.

So when do the rest of us get bailed out?

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