September 28, 2008 General 0 – Bailout in Doubt as Exec Pay Limits Gain Support – International News | News of the World | Middle East News | Europe News
Without the bailout plan, Paulson and Federal Reserve Chairman Ben Bernanke have sketched out a grave scenario for lawmakers: Neither businesses nor consumers would be able to borrow money, and the world’s largest economy would grind to a virtual halt.

Guess what?  Credit means you don’t ahve the money in the first place.  If you don’t ahve hte cash don’t buy the stuf