September 29, 2008
Wall Street Bailout I have no idea whether this 'Bailout' is a good thing or a bad thing. On the one hand, the people that were in power when the crap hit the fan are crafting the bailout plan. On the other hand, if these people are telling the truth when they warn us of the credit market 'seizing up' if no action is taken, there will indeed be economic consequences throughout the economy.

I need more data. At this point, to quote Obama, "this is above my paygrade".

In general, I'm very opposed to rewarding bad behavior. But, is this the government correcting their own mistake or this government helping out their rich buddies?