Quote:
Originally Posted by Sean
Personally, I don't like the idea of bailing out these companies that have created the problem we're in to begin with. But as far as I can tell, not bailing them out would actually hurt all of us even more than what happened yesterday. We need to do it smart and fast.
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I really don't know. I mean its straight fascism. Everyone on the talking head network is calling it socialism in this smug antipathy towards the free market and capitalism, but it would only be socialism if we did what Beautiful Burnout described happening in the UK. Fanny Mae and Freddy Mac are just owned by the government. This is fascism.
I'm willing to even look past that detail if its pragmatically going to help out. But when you have the people who called this from the beginning, when everyone else was laughing in their faces, saying that the bail out is bad, I have to say its worth some investigation.
As Ron Paul asked. do you want a bad couple of years or do you want a bad decade?