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re: Subprime is over.
Posted on 6/12/09 at 6:49 am to LSURussian
Posted on 6/12/09 at 6:49 am to LSURussian
quote:
As I've written many times, my biggest fear that this recession will be worse than it has to be comes from Obama's policies: cap and tax, protectionism, unfettered unionization and not allowing companies which should fail to fail.
Does your response mean that you think capitalisim should have been allowed to take it's natural course from the beginning of the current economic crisis? Should the large banks, insurers, vehicle companies, etc, been allowed to fail with no creative accounting changes, government interventions?
Posted on 6/12/09 at 8:44 am to Rivers
Of course not.
Bush bailouts == Good
Obama bailouts == Bad
Bush bailouts == Good
Obama bailouts == Bad
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