The fundamental problem is that these financial institutions are making HUGE amounts of money off of turning over corporations and selling instruments based on the pieces. NOTHING new is being created but enormous amounts of money are being sucked...
I'm not mad at them for taking it, I'm mad at their lobby for setting it up so they got the money and I'm mad at our Congress for being stupid and corrupt enough to give it to them. NOBODY is too big to fail. TOO FREAKIN BAD! You screwed up, you p...
It still bothers me that people are mad at these banks and business' for taking the money. Why wouldn't they? If someone came along and told you that they would give you money to pay off all of your personal debt, wouldn't you take it? I think the...
I agree with what your saying but there were "experts" that said letting a company like AIG fail would bring down our whole economy. Scary stuff! I think we should bring back the regulations we set up after the Great Depression. We went decades av...
This is one of the problems with bailing out companies. You have to make up new rules about what to do afterward. What obligations do they have? When does it end? We should never have interfered in the first place and we wouldn't have these questi...
There's nothing more disheartening than hearing that high level executives get huge bonuses when their companies were tanking and needed a bailout. It's a different story when these companies bounce back and make huge profits. Do the executives de...