Saturday, September 20, 2008

Simple Question:

"Do we want to live in a system where profits are private, but losses are socialized?"

One economist thinks Paulson is wrong for bailing out all of these financial institutions. I am inclined to agree.

1 comment:

Julie K. said...

I agree completely....We pay now quickly and painfully or we pay later in a long drawn out pace. I prefer to let the housing and stock market takes its lumps and get it over with. We have no business taking public tax dollars to make up for private business losses.