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09-20-2008, 04:21 PM #4Senior Member
bailouts
Originally Posted by Breukelen advocaat
A loan bailout is not a "giveaway". A massive, multi-faceted, established company like AIG is not the rat-infested, corrupted criminal institution that people are making it out to be. Neither was Lehman Brothers.
We give billions to banks and governments all over the world, including those of very wealthy countries like Switzerland. Why should we ignore our own institutions? It angers many people when it occurs in America, but they don't seem to mind all the foreign aid we give to other nations' businesses and social programs.
Not to mention the hundreds of billions, or more, that the Iraqi war is costing.
Charity must begin at home, for the American people. For every job that's lost on Wall Street, or the banking industry, several in other parts of the economy also disappear.
Things have now changed forever, and it's too much to take in all at once. There's a lot of hate toward the financial sector, some deserved, but the markets must still must be maintained, supported and improved......if we want our future to be stable.
we could use all the waisted money from giving to governments, money waist of our military, waisted money giving weapons to people. waisted money on politics.
we could spend that sort of money on education and healthcare and better ourselves
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