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Message: <blockquote data-quote="Flipx99" data-source="post: 5547902" data-attributes="member: 562352">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.</blockquote>

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