BobProbst
First Post
I'm unsure if it's the right action but it's better than doing nothing.
A failed economy -- a real depression -- would reduce our ability to collect taxes. Would the lost taxes equal $700B minus any recovered assets? I don't know but I also don't want to find out.
One thing that seemed funny to me was that many of the more conservative minded detractors are saying: "We shouldn't bail out those crooks from Wall Street" while in the same breath saying "We should let capitalism and free markets play out."
Isn't crooks in Wall Street what you get in a free market?
A failed economy -- a real depression -- would reduce our ability to collect taxes. Would the lost taxes equal $700B minus any recovered assets? I don't know but I also don't want to find out.
One thing that seemed funny to me was that many of the more conservative minded detractors are saying: "We shouldn't bail out those crooks from Wall Street" while in the same breath saying "We should let capitalism and free markets play out."
Isn't crooks in Wall Street what you get in a free market?