Quote:
Originally Posted by halfpint
They had no choice but to bail out the banks, without them the whole economy is totaly fucked. No its not fair but what else can they do. The banks are blaming the consumers and the consumers are blaming the banks, its just a vicious circle and its always the tax payers that end up paying the bill  |
The problem is all these companies are "too big to fail".. The banks, Freddie and Fannie.. GM, Ford.. ect..ect..
This is why we need govt regulation to break these big companies up, so if they get in trouble they don't bring down the entire economy along with them.