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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (633608)10/28/2011 4:55:43 PM
From: Tenchusatsu  Read Replies (1) of 1577594
 
Al, > I did consider the bailout a lesser evil ... allowing a collapse of the financial system would have benefitted no one...i stand by that belief until evidence proves otherwise...i have seen none to date

And I stand by my belief that the financial system was in no danger of meltdown thanks to infrastructure that has already been built up since the creation of the Federal Reserve. I have seen no evidence proving me otherwise.

Yet I see plenty of evidence that government-sponsored bailouts do more to preserve the status quo than change it. Kind of useless to believe in better financial regulation and more balance of wealth if you end up preserving the status quo.

Whatever happened to "Change you can believe in"? I asked you this before.

Tenchusatsu
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