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**uncoodync** · 03-17-2008, 08:23 PM

Originally posted by snoopy369
Nationalizing the DEBT is what we'd like to avoid, though... Nationalizing the debt is what always occurs. Just look at the 1987 Savings & Loan crisis. The average guy on the street gets hung out to dry while the bankers get get bags of money from the Federal government. Not really a good solution, in fact I find it completely unjust, but it is the American way. **** the little guy but save the fat cats.

My own opinion is if the taxpayers are going to have to flush money down the toilet then I'd rather give it to average Joes. That doesn't do a thing to restoring market stability though.

03-17-2008, 08:23 PM	#8
uncoodync Join Date Oct 2005 Posts 556 Senior Member	Originally posted by snoopy369 Nationalizing the DEBT is what we'd like to avoid, though... Nationalizing the debt is what always occurs. Just look at the 1987 Savings & Loan crisis. The average guy on the street gets hung out to dry while the bankers get get bags of money from the Federal government. Not really a good solution, in fact I find it completely unjust, but it is the American way. **** the little guy but save the fat cats. My own opinion is if the taxpayers are going to have to flush money down the toilet then I'd rather give it to average Joes. That doesn't do a thing to restoring market stability though.
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