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To: LegendHasIt
That article about bailout follies is alarming indeed.

The U.S. government is prepared to provide more than $7.76 trillion on behalf of American taxpayers after guaranteeing $306 billion of Citigroup Inc. debt yesterday. The pledges, amounting to half the value of everything produced in the nation last year, are intended to rescue the financial system ...

Why is this allowed? Why no discussion about alternatives? Why no discussion about responsibility and consequences?

15 posted on 11/30/2008 4:12:12 PM PST by BlackVeil
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To: BlackVeil
"Why is this allowed? Why no discussion about alternatives? Why no discussion about responsibility and consequences?"

Any answer I could give you would be pointless and repetitively cynical.

16 posted on 11/30/2008 8:28:49 PM PST by LegendHasIt (Freepmail me if you want to join the Precious Metals ping list.)
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