SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (248054)5/13/2010 10:28:53 PM
From: RetiredNowRead Replies (1) | Respond to of 306849
 
Just more crony capitalism. It's kind of funny. Why are we even arguing about too big to fail? We have bankruptcy laws. Why don't we let these companies avail themselves of laws already on the books? We'd all be better off.

I get told, well, it would have been very painful if they hadn't done the bailouts. Oh really? Didn't we just experience a shitload of pain? I know most Americans did and the pain continues for many.

Let's get back to free markets and let the markets wash out the idiots who take too much risk. That's what works. Now the economy is rife with moral hazard. Good luck climbing down from that mad horse.