The people in government encouraged (forced) lenders to lend to people who where not creditworthy. The people in government backed private enterprises to subsidize this practice. Thus, I'm not surprised that the people in government now need to come up with a taxpayer backed solution. This is not the proper role of the government as all of us can testify but I don't think that will change no matter who is elected in November. Sigh.
To think that "greedy" people on Wall Street wouldn't set the taxpayer up for a ride is naive at best and craven at worst. The solution is to not put the taxpayer in the position in the first place.
McCain has a chance show real leadership by noting how he will change government policies in the future so taxpayers don't get stuck with the bill of the corrupt and incompetent.
What am I going to do in that voting booth??
Vote for the only governor on the ticket.
I suggest you realize that we all have responsibilities to each other -- especially when we manage their investments and when we oversee the behavior of others.
"Populism?" Real Americanism and morality.
McCain just said the taxpayer shouldn’t have to fund these bailouts.
Understand and can appreciate some of those concerns. Having said that, the ONLY thing to do in that booth IMO is vote for McCain-Palin because even the thought of that dangrous socialist Obama being in the White House makes me want to protect the Republic. And quite frankly I think Palin is truly great, and you have to believe that she could help mold some of John's opinions on things given that she will so supported by the Republican base and has a great way of presenting her case.