Beware of Bailout (AIG, Lehman, Merril and WaMU can solve their problems without government)

Human Events ^ | Sept 26, 2008 | Mark Skousen

[JasonC]

OK, you take the hit then. You are a reckless lender to deadbeats. You have money in a bank, don't you?

[TBP]

You have money in a bank, don't you?

Yes, and I own bank stocks. Let the irresponsible institutions take the hit. Let the politicians and regulators who pressured them to make these reckless loans take the hit too. The bailout is a terribe policy. But if you're a Republibot, it must be good because some Republicans are promoting it.

[kevinw]

Amen. I agree with you. Any bank and any loan company that makes bad loans and other bad financial decisions should go under. And any politician and any candidate with ties to such companies should go under, too.

[Notary Sojac]

Oversight is with *congress*, where it belongs, when it is a matter of the public's money.

Jason

Would you agree with the following sentence, yes/no?

"The disaster in the wings is so great that it's acceptable to me that an Obama-appointed Sec of the Treasury would have the powers of the Paulson plan, under the oversight of Chris Dodd and Chuck Schumer."

[sasafras]

very damning video of the dems...

http://www.youtube.com/watch?v=_MGT_cSi7Rs

[PatriotGirl827]

Thank you for your posts and your perspective on this whole situation.