regeya

'Bailouts' Are Misunderstood

"Cost to whom?"

Cost to shareholders who lose their investment, cost to "consumers" in the form of lost jobs, cost to retail when "consumers" no longer have jobs...

This isn't rocket science. When big companies fail, there's a domino effect.

The Dummy's Guide to the U.S. Financial Crisis

"As a long-time Republican I am embarassed for my party and its long history of fiscal discipline and social conservatism"

which ended in 1980, when Reagan proceeded to triple the national debt.

or maybe earlier than that, since the dollar came unhinged from anything sensible during the Nixon administration.

Eh, there's enough blame to go around. Neocons, Republicans, I'm even betting there's a couple of Communists and Libertarians we could throw into the mix if we tried hard enough.

Fannie & Freddie Bailout? - Fast Money Recap (9/5/08)

"Understand that government bailouts and welfare state policies give more and more power to the federal government."

They could always claim that it stamps out terrorism. Everyone, especially Republicans, knows it's okay to expand the federal government's powers as long as it stamps out terrorism or otherwise expands our military and/or police-state powers.