It is not a conservative or smart principle to bail out people who bought way more house then they can afford. Let the the market shake itself out and do not bail out the bankers.
I am not talking about bailing anyone out, I am talking about fiscal policy. If stupid fiscal policy is followed, everyone will need bailing out. Smart fiscal policy prevents that.
Let the the market shake itself out and do not bail out the bankers.
Our markets are largely controlled by the strings of the fed. You don't tighten credit when the economy is weakening as many seems to think we should. We just came off of 17 consecutive rate hikes last year, it is time to reverse that a bit.