Here's how we came to the Bail-Out.

Interesting video with decent music.

www.youtube.com...

In a somewhat round-about way it appears a certain political party thought easing and in some cases insisting on changing regulations would help them garner more votes.

This worked well and help grow the party. The problem is now the "Master Plan" has blown up. Who would of thunk the sub prime borroweres wouldn't pay?

Becker

[edit on 26-9-2008 by Becker44]

[edit on 26-9-2008 by Becker44]

Diversity and Affirmative Action at its best!

No bailout! The government created this problem, let some strong private capitalists solve it.

We might be in for a couple of years of hard times, but we will recover without being stuck with a 700 billion dollar bill.

reply to post by RRconservative


RR you are correct Sir.

I'm all for equal opportunity however the greatest disservice we have done to sub-prime borrowers is not educating them.

Fix the public school system, graduate people with some actual knowledge and in turn they become wage earners. This will do more for our country than trying to give everyone something for free in hopes they'll pull the lever for you.

Becker