Bankruptcy instead of bailout?
While it would be a bitter pill to swallow, there is a case for letting the companies that made this mess take responsibility for it. Check out this commentary by a Harvard economist who happens to be a Libertarian.
1 Comments:
I've been going off on this myself...
http://inconceivabletirades.blogspot.com/
Fun to be had all around, but the last thing we need is these asshats spending a trillion dollar to bail out their contributors!
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