tag:blogger.com,1999:blog-33813337.post6739061353256584476..comments2023-09-12T06:18:38.552-04:00Comments on The World in the Satin Bag: No to the BailoutAnonymoushttp://www.blogger.com/profile/13571452656553970472noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-33813337.post-78544351898053347132008-10-02T13:12:00.000-04:002008-10-02T13:12:00.000-04:00Isn't possible? Of course it is. Everything's poss...Isn't possible? Of course it is. Everything's possible.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-33813337.post-91538820582052911672008-10-02T09:28:00.000-04:002008-10-02T09:28:00.000-04:00People are already losing their homes and still wi...People are already losing their homes and still will be losing their homes even after the bailout. People have been losing their homes for a year now because they were given loans they couldn't afford.<BR/>The Great Depression isn't possible in the U.S., contrary to what the media wants us to think. This bailout isn't actually fixing anything. It's just making matters worse.Anonymoushttps://www.blogger.com/profile/13571452656553970472noreply@blogger.comtag:blogger.com,1999:blog-33813337.post-54796719173550530652008-10-02T04:04:00.000-04:002008-10-02T04:04:00.000-04:00Yes, it's stupid to give money to companies that h...Yes, it's stupid to give money to companies that have made mistakes, but it's not just the companies that are affected. If they go down, then people lose their homes, their jobs, and pretty soon you have a rerun of the great depression, when, oh look, the average person is again, screwed, and in a more major way than just paying a few more taxes. I don't know the entire US situation, I'm not great on economics, but I do know this is needed. It's perhaps not the best solution (in fact, it's probably the worst, knowing governments and how they like to do the worst thing possible) but it is a solution, and a solution is needed above all else here.<BR/><BR/>It's not even like this is ... Paraguay, or some other small country people aren't entirely sure how to spell--this is America, a cornerstone of the world's economy. The UK is feeling the effects already, and probably a bunch of other countries too. If the US goes down so do a lot of other countries. Which is ridiculous and unfair, but it's the current situation and we can't let the world get into a repeat of the 1920s, even if the way to do that is pretty annoying. Hopefully the world will learn after this. It learned after the great depression, or we wouldn't be trying to pre-empt the situation now.Anonymousnoreply@blogger.com