So now that we're here, what do we do? I am massively conflicted about this bailout program. The idea of government stepping in to bail out international banks that were reckless with their own business literally makes my stomach churn. We are privatizing gains and socializing losses.
Friday, September 26, 2008
privatizing profits, socializing losses - glenn beck @ cnn
Commentary: Financial meltdown is an absolute disaster - CNN.com:
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