U.S. Government To Bail Out Capital One Bowl | The Sports Comedian - SportsComedian.com

The Capital One Bowl announced today that it lacked the funds necessary to continue operating, yet the latest casualty to the flailing U.S. economy. But the government stepped in to issue a statement saying that is was bailing out the Bowl, and any others, so that these important games can go on uninterrupted. The United States Tangerine Bowl, as it will now be called, will go on as scheduled on New Year's Day, as a beacon to resilience of the American economy. It could be proceeded by the United States Peach Bowl and followed by The United States Aloha Bowl, depending on how their finances shake out.

President Bush made a statement about the bailout to the American public on television. "My fellow Americans, today we saw one of the staples of democracy nearly fall. The Capital One Bowl is one of the 36 exciting bowl games that are all integral to this country's well-being. Our founding fathers created this country with the idea that you could sit down on the first day of the new year and be able to watch the 3rd place team from C-USA take on the 5th place team from the WAC. That is our right as free people, and that right will not be abridged on my watch. The game will still take at the same field, although it is now called U.S. Government Stadium, as we had to bail them out too. We want everyone to feel safe to book tickets to USA Orlando, as you normally would for this game, just remember that you need to look for the USA in front of the city, as we also had to buy that. As you can see, football and freedom can not be stopped."

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February 17, 2009 08:16 PM ET

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Capital One sent me a statement today that I am a "valuable customer" will be increasing my "purchase rate, Cash Advance and Default rates."
I was told my variable rate will be equal to 24.9%, if I am late by 3 or more days.
I have the option to "close my account" which will negatively affect my credit score.
I don't think our "founding fathers created this country with the idea" of legalizing loan sharking.
Football and freedom by Capitol One is not free it comes with a huge percentage rate increase even if you are considered a "valuable customer". Why would our President and government choose to reward bankers to treat our citizens with huge penalties.
Who is holding them accountable? I think we should make the bankers pay us back all the fees that they choose to increase whenever Cap One chooses to change their "account terms"
and conditions "due to extraordinary changes in the economic environment."
We are the slaves to the bankers while they get the financial break and bail outs from the White House!
Why is this kind of behavior continuing to exist???
D. Sepulveda