Sure, let’s take Democrat Paul Kanjorski’s word for it that massive state intervention was needed to keep the economy from halting and never restarting. It sure is fortunate that we have an all-powerful state that can intervene in our personal finances without notice or due process! Perhaps it should be made even more powerful, so that the equity markets can be prevented from going down ever again... </s>
What the gub'ment did was to do exactly the opposite of what needed done. They rewarded the idiots who caused the mess with even more taxpayer money. Then they doubled down on stupid and run up even more debt lowered the intestines rates even more then printed even more money and used it to buy their own debt.