Free Market Means Free From The Government

Gewcew, I totally agree with your assessment of the "bailout"! I would also take it a step further and that is to say that we will stil end up in a recession/depression! As long as government believes it is the answer to all of the ills and problems of the people, the people will be the ones suffering and paying the price!

I hear how everybody goes, "BUT IT'LL HURT"...of course it will hurt. Learning from your crap is painful, always is. I worry for people for these reasons, but when you have this stuff build up...and allow it to do so for ages, when everyone just goes along with it like it's just grand...just fine, then obviously by time you get to the end of the "bubble" -- IT'S GONNA HURT because it has to grind the message into your head about why it's hurting you now. Humanity's slow learners. We only seem to learn anything if we suffer first. I know this is only the majority, the minority of the population is quicker...but for the majority to catch up...regrettably. This ain't even me saying we shouldn't do anything. I just prefer the stance where you don't try to stop something that you kinda can't stop...at least without risking something much worse. I prefer the stance where you figure out what people can do in order to weather the situation. What problems the government helped create and how to reverse them. Oh, and of course...debt and inflation is primary on this last thing I've mentioned. And these are BIG things. Freedom, even in the economy, isn't something you can just suspend whenever it's convenient. If you believe in it: STICK WITH IT. Sheesh. Banks, on the other hand, I've always maintained that the economy can survive without the banks. It CANNOT on the other hand, survive without the people...and as banks crash, the people obviously remain. The only way this would've been the end of the world as we know it, is if the dollar was obliterated -- which'll only happen if inflation rises to the point where dollar value hits zero...and actually this bail out will almost certainly do that. Of course, there was a possibility that if too many banks crashed...they could also bring the dollar's value to zero... So, actually, by the time this period of history is done...we might be saying, "BLAH, we were screwed either way but we were still idiots about it." ...so yeah, I'm kinda going on...but this is me going, "Yes, gewcew. I agree. People are being idiots."

I agree... We keep hearing Obama and the rest of the socialists claiming that the problems are the result of republicans wanting to deregulate the banking industry, along with Blaming the last 8 years of failed Bush economic policies. The truth is that the problem was the result of too much regulation and the wrong kind of regulation... regulations and policies that were mandated by the democrats under the mistaken notion that everyone had a "right" to home ownership regardless of creditworthiness or the ability to pay for it. It was nothing more than another failed social engineering experiment on the part of the democrats, and now we the people are expected to once again clean up after them. These bailouts amount to nothing other than the socialization of our financial network.... and in case you haven't noticed, they don't seem to be working.