Quote:
Originally Posted by Takeda Shingen
Those bailouts were wrong. The Democratic Party had the opportunity to stand on principle and stop them. They did no such thing.
Are the banks to be like General Motors? They gave the money back, but are still majority-owned by the government. That's the problem with government bailouts; once given, the government never relinquishes conrtol. And since the government generates no revenue, it makes you, and I and every other American now responsible for a failed company. Given the track record of the banks, I do not want that responsibility either.
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The problem is, there is one true bipartisan thing in washington, being in the pocket of big business
especially the banks. So i am not suprised the Dems did nothing. Especially when they were being told the Apocalypse was going to start without a bailout. The only reason GM is still under government control is because they haven't sent enough money, booze, and "escorts" to congress yet.