Government interference in the free interactions of people(the market) are always an attempt to cheat reality. Insane and childish. It’s a game of let’s pretend. Let’s pretend that everyone has earned and can afford a house. Let’s pretend that everyone is equally credit worhty. Let’s take money from some people and give it to others so we all can pretend that they are prosperous.
You can fool reality only for so long. Then it all comes crashing down. The bailout is one more attempt to pretend. CRASH!
The more detached people become from cause and effect and consequences, the more attractive liberalism becomes and more liberalism thus seems like the answer to all problems. The reality is that consequences, the feedback loop of our self correcting system, can only be denied until the money runs out. Since money is spent in direct proportion to the amount of liberalism in the system, we are fast headed for some schooling.
Initially, liberalism feels like summer vacation, but now vacation is over. The election results and these billion dollar bailouts are like paying for tuition and a semester of classes at the school of hard knocks and now classes are about to start.