puddytat

Bailouts: Misunderstanding the Moral Hazard

How about take your 700 billion dollars you don't really have and spend it on things that will really improve the economy. For example... build bridges roads hospitals schools or computer institutes where kids who are underpriviliedged can go and learn how to use a computer. Oh sorry that would just create jobs, prosperity, people paying taxes and buying homes and raising families .. Sorry that makes no sense whatsoever. We should just give it to the poor corporations who have already profited from their misdeeds and now need some extra bucks to get to their yachts. Sorry what was I thinking.