Bailout

Sep 25, 2008 11:33

I may stand alone on this, but I think both Democrats and republicans have it wrong by wanting to bailout the financial industry. It may sound cold hearted, as the fall of a few giants in the industry has destroyed many people's nest eggs, but if there's one thing I've learned, it's pain that teaches us our most valuable lessons. As Americans, we ( Read more... )

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Comments 3

moonshineray September 25 2008, 18:54:15 UTC
You know what? I totally agree with you. Absolutely. This is amazing! We are in complete agreement on this issue!!!

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josh_oakley September 25 2008, 19:23:26 UTC
SHHH!!!! Others might hear you!

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trillinon September 25 2008, 23:51:27 UTC
I'm honestly torn. By default, the government bailing out any institution is wrong. It's simply not their place. Companies are allowed to fail, and if they make bad decisions, they pay the price for it. It's what keeps the free market functioning. Without the risk, things would actually grow unstable and unpredictable. This bailout could cause such things to happen ( ... )

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