$700 B Bailout

BleedBurgundy · 09-25-2008, 11:58 AM

I know we have some economists on this site. Educate me. Pros, cons...

Personally, I'd love nothing more than to let every single one of the affected companies fail. But the ripple effect pretty much removes that as an option. I can't see this actually doing anything but postponing the inevitable though. If less than half of this bailout ends up in personal bank accounts, I'll be shocked.

*I know this was touched on in other threads, but I thought it was worthy of its own.

09-25-2008, 11:58 AM	#1
BleedBurgundy Playmaker Join Date: Feb 2004 Posts: 4,471	$700 B Bailout I know we have some economists on this site. Educate me. Pros, cons... Personally, I'd love nothing more than to let every single one of the affected companies fail. But the ripple effect pretty much removes that as an option. I can't see this actually doing anything but postponing the inevitable though. If less than half of this bailout ends up in personal bank accounts, I'll be shocked. *I know this was touched on in other threads, but I thought it was worthy of its own. __________________ "All natural institutions of churches, whether Jewish, Christian, or Turkish, appear to me no other than human inventions, set up to terrify and enslave mankind, and monopolize power and profit." Thomas Paine

$700 B Bailout

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