[firebrand]

W bailed out the banks and it was the right thing to do. If he hadn’t, we’d be selling apples on the street for 5 cents.

[Laserman]

Fantasy of a statist. Let’s all hear it for Crony Capitalism!!/sarc

[TomGuy]

W bailed out the banks and it was the right thing to do. If he hadn’t, we’d be selling apples on the street for 5 cents.

I recall around 2006 that the economy seemed in good shape. In the spring I noticed some Bush Admin guys from Commerce were making the rounds on the newsies and especially the Sunday morning newstalkies. Every message was the same:

The economy is in great shape. Everything is fine. Everythink is hunky-dory.

I thought it strange, at the time, for them to suddenly appear and proclaim how great the economy was.

About a year later, we found out why. They knew a crash was coming and they were just trying to head it off until the next president took over. They, however, were short by about 5 months.

[indcons]

BS - those banks should have been allowed to die. In a truly free market, you pay the consequences of your actions - banksters and borrowers.

[dfwgator]

W bailed out the banks and it was the right thing to do.

The banks should have immediately been broken up, so that they were no longer "Too Big to Fail."