OK, call me dumb if you like. How come we (the US Government) is making plans to bail out failed lenders during this "financial crisis" who had really bad judgment in loaning money? We do not require them to pay for their own mistakes.
To top it off, we are bailing them out with borrowed money.
Talk about a recipe for disaster.
:)
Ok, one more line to this. Do you think a bank would loan you money to get you out of financial trouble because you foolishly loaned out your money to a bad risk?
Showing posts with label financial crisis. Show all posts
Showing posts with label financial crisis. Show all posts
Sunday, September 21, 2008
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