Titanic
This suggestion is beyond belief. Only a complete imbecile would attempt to buy votes in this way. It will be a disaster, why should the taxpayer bail out people who have over-extended themselves.
In 1928 the first cracks in the stock market in the USA began to appear and action was taken to correct the situation. it only delayed the inevitable collapse.
Similar actions are being taken to protect the financial institutions and the result will be the same. Financial ruin for everybody rather than the relative few.
If we are to live by the market then the market must decide. The only way people will really learn is by being taught a lesson. The medicine will be even more unpalatable next year, the inevitable correction will happen and the pain will be worse the longer it is delayed.
Abandon ship while we can, this is worse than the Titanic.
In 1928 the first cracks in the stock market in the USA began to appear and action was taken to correct the situation. it only delayed the inevitable collapse.
Similar actions are being taken to protect the financial institutions and the result will be the same. Financial ruin for everybody rather than the relative few.
If we are to live by the market then the market must decide. The only way people will really learn is by being taught a lesson. The medicine will be even more unpalatable next year, the inevitable correction will happen and the pain will be worse the longer it is delayed.
Abandon ship while we can, this is worse than the Titanic.
posted by Catch22 at 2:51 AM
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