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Is the700 billion dollar bailout really needed?
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[QUOTE]Originally posted by a surfer: [QB] Well as much as we want revenge and to see the CEO's of the banks brought to justice, not passing the bailout is not the way to do it. It was not just the banks. There were millions of Americans who bit off more than they could handle. Do we prosecute them too?? In 99 we screwed up by letting our lending standards fall to the wayside. Who was in charge then and why was it allowed to happen? It is more important for us to get back on our feet, look at the past ten years, learn from our mistakes and move on. Then we will at least have the chance to avoid a massive depression. [/QB][/QUOTE]
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