As for the bailout, which is what this thread is about...I totally disagree with it on pricipal. It lets the gov further into private banks to impose regulation. The banks aren't paying for their mystakes and if regulation isn't put into place, it won't be long before banks start chasing their tails again for profits. If they are forced to feel the costs of making the bad loans the industry will self regulate.
At the same time I don't know how deep the economic downturn would go if no action were taken. Maybe it's a risk we should take to preserve what's left of the free market. So, I'm neutral on the bailout, not happy about it, though.




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