To: Freedom_Is_Not_Free
Bailing these guys out will ENSURE a Depression.
Because if the Wall Street guys don't get seriously burned this time, to the point where they will STRING UP the next smart boy to come out with a cute financial scheme, it will happen again and again. Until finally we get something that is BEYOND THE ABILITY of the American tax base to deal with.
Endure the pain now, to avoid fatal consequences later.
69 posted on
09/25/2008 5:03:12 AM PDT by
SauronOfMordor
(When injustice becomes law, rebellion becomes duty)
To: SauronOfMordor; Freedom_Is_Not_Free
Exactly. As I've posted elsewhere, we need to be a country where when some one says "You can leverage one dollar to borrow thirty!!" ... people run away screaming in terror.
77 posted on
09/25/2008 7:15:29 AM PDT by
Notary Sojac
(I'll back the bailout if Angelo Mozilo lets me borrow his Lamborghini on Saturday nights.)
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