READ! Pro Bailout People!

[blueinindiana]

http://www.cnn.com/2008/POLITICS/09/29/miron.bailout/index.html

[Pale Blue Dot]

1. I'd feel better about this if he wasn't a Libertarian.

Libertarians are even more in favor of deregulation than Republicans. Deregulation is most of what got us into this mess.

[malaise]

7. 100% correct n/t

[cwydro]

2. Interesting article. eom

[gravity]

3. I don't need a lecture from some libertarian academic

These guys are the biggest idiots in the world

[David Dunham]

4. Stupid article. Every major bank in the US could go broke and other employers too

[damntexdem]

5. B.S. Buys into 'the market will solve it all' nonsense.

This package was flawed -- gave way too much power to Paulson. But the government SHOULD step in -- buy or seize the firms that are failing. At the same time, it should provide foreclosure relief to individuals and families (first homes only, John and Cindy).

[natrat]

6. that is just too logical and inteligent

[natrat]

8. i'm beginning to think DU is composed mainly of Paulson's crew

imagine so many on here wanting to give away 700 billion dollars to crooks...fucking weird

[stopbush]

9. Who are the shareholders? Most likely millions of middle-class

Americans who have 401k's and had no idea that their money was being gambled in a derivative market that was 3 times removed from the company holding their 401.

Libertarians don't give a rat's ass what happens to others as long as they're in OK shape.

[johnaries]

10. What a crock of SHIT! This guy is an idiot.

Like most Laissez faire advocates, he is distorting reality to fit into his pre-conceived ideology. If his boat was sinking, he'd say "don't worry, once the water inside balances the water outside it will stop sinking, and probably sail better!".