Re: Something to think about....
by
candoxx
07/24/2008, 11:58 AM #
So, by your logic the only people (or countries or financial institutions) who should get a "bail out" (meaning HELP) are people who don't need one, people who never made mistakes?
Do you dispute and dispise the entire concept of "bail out" at all?
Aside from that, are you aware that the entire US economy is based on two things, housing and automobiles, they are the "pillars" of this economy...and if they go, we collapse, and if we collapse, so does the rest of the world.
You cons opposed CLinton bailing out Mexico in the 90s, too, with a $40 billion LOAN; Mexico recovered, and stopped a chain reaction of collapse, and paid us back with INTEREST.