Wednesday, October 1, 2008

The Bailout

For an interesting read on a better and simpler solution to the economic crisis, read this article. It recommends letting the companies go bankrupt instead of bailing them out. Funny how government got us into this trouble in the first place by promoting the lending of sub-prime loans and then try to get credit for "saving" us taxpayers, all the while exacerbating the problem by promoting the idea that we are in a depression.

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