Originally Posted by kane

Here is the problem. If they don't bail these companies out millions of people could get screwed over badly and lose a lot. There are people who could lose their pensions,/401K/IRAs there are people who could have their homes go so far down in value that they are useless and there are a ton of banks that could go out of business and that is just the tip of the iceberg. If these companies are allowed to collapse it could cause a recession in this country that could devastate us for some time to come.

So I think, for the good of the country, they need to be bailed out. That said, there needs to be some regulation put on this industry to make sure it doesn't happen again. Clearly the free market can't handle itself in this situation and many innocent people could end up paying the price for a few people's greed.