Yeah, I’m not very pleased about the bailout either but it’s not the bogeyman people are making it out to be.
We’ve got very serious economic imbalances and structural finance problems. I think they’re essentially trying to monetize the debt hanging over us, and to the extent that the world is willing to accomodate that, they might be successful. Net effects are going to be very painful for lots of average Americans regardless.
There should be *many* people in jail at this point. And no more obscene bonuses, private jets and ‘CEO-perks’ using taxpayer dollars.
