Quote:
Originally Posted by partofme
I have mixed feelings about this. I do think that in this case something should also be done to help those that actually lost their houses. I don't think it is a good idea to do either because it encourages risky behavior. Then again a really bad liquidity crisis would eventually filter down and be trouble for everybody. It's a case in which on principle I'm against this action but I know that things could be really bad if it isn't done. No good answer.
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So are we to continually bail out Americans who make bad financial decisions?
If that's the case, then I'll be one of the first in line, for some of the mistakes I have made with investments. "With my hand out ready to take
your money."