(I inserted the link):
“This bailout was a terrible idea.”
“The fact that government bears such a huge responsibility for the current mess means any response should eliminate the conditions that created this situation in the first place, not attempt to fix bad government with more government.”
“The bailout has more problems. The final legislation will probably include numerous side conditions and special dealings that reward Washington lobbyists and their clients.”
Click here for the primary post on the cause of the housing mess.
Click here for the primary post on this terrible bailout proposal.