why that was nice

Should i start using crystal meth?

  • Sure...its not that bad...

    Votes: 93 62.0%
  • Just say no!

    Votes: 57 38.0%

  • Total voters
    150
No. The government should have bought the risky assets. There was a very real fear for a couple weeks that employees may or may not get paid if the banks default. I'd hate to see Mike the Plumber lose his house because his bank went under and the FDIC and Federal Reserve didn't get him his cash fast enough. The fear, from my perspective, was that you have no money...you can't use your debit card, can't use your credit card, can't get your money out of the bank, etc.
In retrospect, a better bailout would have been to ease my fears with promise such as: if your bank fails, all your obligations are delayed until you get the money. Meaning a bank can't try and foreclose and loans don't go against you for being late because your employer cannot pay you because his bank failed. I hope I explained that well.
I agree with these ideas. However I would rather they did nothing than what they did do. If this scenario you paint came true then so be it. I still find that better than throwing money to these banks. Of course it may just be my lack of thorough knowledge on it, but I can't shake the simplistic view of "let them build, and let them fall."

 
Here's a sad one: the Google Maps car took out a baby deer, and it recorded the entire process for all Google Maps users to see. For shame, Google Maps car!
As you follow the street view scene down Five Points Road in Rush, NY, you can see the deer run out in front of the car, get hit and then see it on the side of the road before the car pulls over. And that's the end of the Street View data for Five Points Road.




 
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faulkton

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