Parental Bailout.
Def: When you make like GM and bankrupt yourself with poor decisions, undeserved management bonuses (aka shopping sprees and Starubucks stops) and need a higher power to step in and set things right.
Sure, kids have been getting money help from the 'rentals for ever. But in these trying times, such bailouts are coming in some interesting forms and figures.
Like a "we'll help you pay off your debt, but the second you step into Starbucks, the deal is off." It's almost like congress determining that Bank of America can not continue to raise interest rates on all their loan recipients, if they're using the Gov's money to "help" these people. Right?
Have you ever gotten a parental bailout before? How did it work? What kind of conditions did it come with? I'm sure having fiscally irresponsible children is exhausting. To all the p-rents out there, how have you dealt with it? Hmm.
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