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*grabs flame suit*

I got an idea! Why doesn't the American public, with whom companies and the government rely on and can't live without, stand up and do something.
Example:

Quote:

Company A: Your going to buy this because we tell you and you'll like it.

John Q Public: No. **** off.

John Q Public: I would like (insert good or service of choice here) without taking the shaft, who will provide it for me?

Company B: We will!

John Q Public: Sold!

Quote:

Originally Posted by mookiemookie (Post 1384129)

Or, a better solution - if we had never gotten rid of Glass Steagall and regulated CDS as they should have been, bailing people out wouldn't have been necessary.

If insanely risky, leveraged gambling was, erm, insanely risky, no one would do it*. There were (sensible) outfits that refused to partake. The same is true of mortgage backed securities.

Buying this crap is a choice. As long as the huge players feel invulnerable, they're going to try every possible risky thing—why not, the taxpayer will bail them out.

Letting a real correction happen would be painful, but ultimately better, IMHO.

* OK, a few would do it, regardless :)