OldPoleBurner Wrote:
-------------------------------------------------------
> > For some folks bankruptcy is an appropriate
> process.
>
> As it would have been also, for all of those who
> actually were "bailed out"!
>
> Who should have been bailed out instead, if
> anybody, are all those who were left in a lurch,
> or otherwise let down by the idiotic business
> practices that brought on such failures. -- With
> the businessmen and politicians responsible,
> promptly jailed!

>
>
> OPB

The problem with jailing people is we don't have enough room, because along with the businessmen and politicians we need to include the voters who made stupid choices for the wrong reasons and investors (the little guys) who had totally unrealistic expectations that had to be met. And don't just blame the lenders, in a lot of cases it was poor judgement by the borrowers as well. A lot of businesses are failing because they overleveraged....stupid bank, stupid borrower. The little guys can be just as greedy as the big guys. Not too many heros here.

In terms of creating jobs, maybe the best use of the stimulous money is to built more jails for all these idiots.

But then......it may be difficult to find a judge and jury without their their hand in the til somewhere along the line.

Now back to our regularly scheduled programming.

JBWX