Water Cooler

RE: Did you read the poll questions?

67.173.69.60

In Reply to: RE: Did you read the poll questions? posted by J-PMatt@Comcast.Net on November 07, 2009 at 07:50:14

I don't like the 'bailouts' either, I'm very angry about it. But the fact is, the alternative would have you and I and most people on the streets. Too much risk, too much leverage. It wasn't possible, in this circumstance, for the market to sort it out. There isn't that much cash in the world. The government is at fault, too. It is the feds role to regulate the financial system. Always was. It's still not fixed, there are trillions in bad debt on the books, and the market will have to sort that out. It will take years. The government is not bailing them out in that sense.

The legislature makes laws. People in government are the people. We elect them to represent us.

I'm not seeing the socialism. How do you define socialism, or socialist leanings?

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