[Ron Jeremy]

It didn’t cast the taxpayer a dime this time, it might next time. Citi was going to fail because it took too much risk. They won’t do it in home loans, they will do it in another kind of loan.. like Argentina in the 80’s, Mexico in the 90’s. Etc.

Now, please, I’d like to know your philosophy on governments role in the economy. Am I correct that it is to stay out of the economy, except to back stop really big companies?

[Toddsterpatriot]

It didn’t cast the taxpayer a dime this time,

Excellent!

Am I correct that it is to stay out of the economy

Yes, as much as possible.

except to back stop really big companies?

I don't think they should back stop really big companies.