Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Deal reached in US financial crisis [Update- NOT Passed]

Red · 09-29-2008, 04:00 PM

For every big bank going under there are 100 of little ones that did not lend money to people who were at risk to not pay it back. They are doing just fine. Does the bail out give some money to those little banks too? Nope, it's all about bailing out the irresponsible.

This is a tough situation, but in the end I think I support the decision to not bail out Wall Street.
Time to learn a hard lesson. I think we're better off in the long run.

09-29-2008, 04:00 PM	#141
Red Lifetime Suspension Join Date: Oct 2001 Exp:	For every big bank going under there are 100 of little ones that did not lend money to people who were at risk to not pay it back. They are doing just fine. Does the bail out give some money to those little banks too? Nope, it's all about bailing out the irresponsible. This is a tough situation, but in the end I think I support the decision to not bail out Wall Street. Time to learn a hard lesson. I think we're better off in the long run. Last edited by Red; 09-29-2008 at 04:04 PM.