Bailout – Not in a Million Years!
17 March 2008
Bailout is another example of the Federal Government trying to answer for a mistake somebody else did so everybody just shuts up. Taxpayer dollars are the source of the funds and people are mad about the proposals. Critics say it initiates a practice that may help create a security blanket over the market that crumbles as fast as it was put up. It also encourages others to follow suit after a few years for the government will not allow such an event to happen again. Why should the government have to pay for the mess they have created all by themselves? Good point, for tougher regulation and accountability might be the key in preventing these events from recurring in the future.
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