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Just Askin...

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September 25, 2008 – Comments (3)

Can one claim to be pro markets and pro-bailout at the same time? Really?

Why do we believe that guys who failed utterly to act on the current crisis when it was brewing (that is, when they and all their friends were making money or chalking up unearned political points) can fix the problem now?

Do you really believe that this bailout will be followed by meaningful reform?

Do you really believe that this bailout will work, when the underlying problem (real estate prices are cratering) does and must continue?

Sj

3 Comments – Post Your Own

#1) On September 25, 2008 at 2:06 PM, DemonDoug (80.85) wrote:

1. No. Really, No.

2. We don't.  The media says it's okay, but the media is as corrupt as the politicians.

3. No.  I believe meaningful reform will only take place if a militia of American citizens take arms against the Federal Reserve.  I am not kidding when I say this.

4. No.  In fact, it will have the opposite effect, and will cause even higher inflation than we have now.

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#2) On September 25, 2008 at 3:35 PM, saunafool (98.58) wrote:

I hear that John Kerry is actually for the free market and bailouts.

Oh...that was the last election? Sorry.

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#3) On September 25, 2008 at 7:18 PM, HatchingPlans (37.29) wrote:

why not hold the CEO's accountable that screwed up in the first place and make them use their own money to bail out their own companies, instead of letting them run off with their money scott free, then printing more money and making the citizens pay for it?

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