Hal.P.

Wall Street Breakfast: Must-Know News

This is crazy. Our free market society was supposed to liquidate these bad banks to begin with. That’s what it does with failed businesses. It’s what keeps the markets strong and thriving. Should have liquidated them to begin with. No business or country for that matter is too big to fail.

What’s too bad is I doubt that the advice of liquidating them will be heeded.

AIG Buyout: In the Long Term, We'll Pay For This

The whole thing scares me when I think about the future of our country. To me this is not to unlike what socialist governments do. The US Government should not be directly involving itself in private businesses like this. If someone makes bad decisions with their money they need to take the consequences and not expect the government to bail them out.