It seems that government cannot let the markets function properly like they were designed to do and that both parties are to blame. When times are good and people make nice profits investing in real estate or companies rake in the profits, do these individuals suddenly share their fortune with U.S. taxpayers? Hell no. But suddenly when people are loosing their homes because of risky real estate investments or companies are going under because of poor planning and financial insight they are all in line for bailouts. Its ridiculous and undermines the way the free markets are supposed to work in this nation. Here are some articles about my point:
http://online.wsj.com/article/SB122463178413656455.html
http://online.wsj.com/article/SB122506830024970697.html
Tuesday, October 28, 2008
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