Quote:
Originally Posted by Tex
I allow that a certain amount of regulation is necessary, and Palin may be right that it failed. I simply don't believe more is the solution.
I don't understand the intricacies of these ballouts enough to say whether they are good or bad, but generally speaking I'm against them.
As to the "little guy" who gets hurt ... many little guys getting hurt now are people who bought too much house, or had no business buying a house in the first place. We cannot expect the gov't to insure us against our bad business decisions, or against the reality of the business cycle.
Welcome to a capitalist society, folks. People take risks, and make and lose money.
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You would like the game to be a little fairer though. You are now seeing those who took advantage of the game getting hammered. Trust me there are some fat cats losing fortunes right now and I cheer.