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Obama's Bailout
Message
From
05/07/2011 10:41:36
Mike Cole
Yellow Lab Technologies
Stanley, Iowa, United States
 
General information
Forum:
Politics
Category:
Other
Title:
Miscellaneous
Thread ID:
01517266
Message ID:
01517305
Views:
49
>>That's under the assumption that throwing money at the problem wasn't a stupid idea in the first place, which was being shouted by most fiscal conservatives.
>
>
>From some things I've read, the bailout and initial stimulus may have very well saved the entire world from financial collapse.
>
>Some argue the prolonged recession is because the stimulus package didn't go far enough (the fiscal conservatives put a cap on it).
>
>For the sake of argument, maybe we would have been better of with no bailout and no stimulus.
>
>The point is, we'll never know.
>
>Like you though, I hate the massive debt we're piling up.

If we're going to be a capitalistic society, we need unhindered capitalism or we're just playing a stupid charade.
Very fitting: http://xkcd.com/386/
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