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Old 09-29-2008, 10:12 AM   #54
peter12
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Quote:
Originally Posted by Phanuthier View Post
Yeah, maybe... in 10 years.
Who is to say that a bail-out will work now? There is a lot of economic evidence that FDR's bailouts in the 30s actually PROLONGED the Great Depression.

This slump is the natural event that occurs when creditors make risky and unwise decisions. They should have to pay the price for this and so should the American consumer who unwisely has been using up resources and spending far outside of their fiscal means.
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