Please understand that I'm registered as a Green, and believe in taxing the rich and giving to the poor. OK, now get out the capers, cuz you're probably going to fillet me for some of what follows!
I was feeling pretty depressed about the $700 billion housing bailout bill, until I read comment #44 on this article:
Buffett Calls Bailout Bill ‘the Right Thing’
Commentator #44 has a good point....do we really want foreign investors to bail us out instead?
However....OTOH, must we blame the regular folks in America who are desperately trying to make ends meet? I agree that a bailout is critical at this point. But HTH did we get here to the point of needing it? Maybe we can learn from this and not make this mistake again??? We expect that from ourselves and our children--why not Wall Street?
On a nearly random and unrelated note: I did some research and $700 billion is roughly what we've spent on the Iraq war to date. Coincidence?
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