>>Nonsense - they should have been allowed to fail. Remember all those billions we gave to Chrysler and GM because "bankruptsy was not an option" ? Well, after throwing billions in the toilet, bankruptsy became an option. It would have been far more efficient to let them go bankrupt to begin with.
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>In isolation I am sure they would have been allowed to fail. But how can you think the simultaneous collapse of a number of our largest institutions would not have been calamitous? It would have been a complete disaster.
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So what was the difference in bailing out GM, Chrysler, et al? Oh, that's right, the unions got tons of money and the corporate bosses got to make campaign donations, while going to conferences at mega expensive resorts. Give me a break. Capitalism should have been allowed to work. Those who can make a better widget should be allowed to, while those who can't go away - all using venture capital, not guvment money.

>>Those who are unable to learn from history are doomed to repeat it.
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>One of the lessons of history is that future events are often not duplicates of what happened in the past. If they were it would be pretty simple knowing what to do, wouldn't it?

And the definition of insanity is doing the same thing over and over, while expecting different results. It matters not though. Obama's numbers will continue to slide, Biden will continue to be a dolt, and the dems will lose the majority as people start to realized they have been lied to. It will be fun to watch the turn out in 2010. Now, if we can just get some decent folk in those offices.(good luck)