| Okay so I spoke to my dad who teaches economics and this is what he told me. He says the bailout does nothing for the economy in the long run but prop up a failing economic system. He says not bailing out these companies would actually be more benefitial in the long run. It simply makes sure that rich people continue to stay rich. The stock market is over-inflated according to the way he broke it down and bailing out these companies will not ensure a drop in an emplyment nor will inflation stagnate. Not bailing out these companies would send a message to end subprime mortgages and for banks to only loan out money they actually rather than having investors own the mortgages.
Basically, this was bound to happen and the bailout is just another way to help the people who started this mess. __________________ I love thee, I love but thee
With a love that shall not die
DS|FAB|LD  |