Wall Street Breakfast: Must-Know News [View article]
We see no good reason as to why tax payers should bail out people who were too stupid to know they couldn't afford the houses they were buying and/or the greedy lenders who made extremely risky loans.
Let them fall on their asses and become good examples as what not to do. Pouring money down a rat hole does not stimulate the economy in the long run, it just detours the constructive use of investment money.
Wall Street Breakfast: Must-Know News [View article]
Let them fall on their asses and become good examples as what not to do. Pouring money down a rat hole does not stimulate the economy in the long run, it just detours the constructive use of investment money.