CAR, where did I ever said it was OK for any of these bailout? Last I check, I gripe about all bailouts, not just pension bailouts. You fail to see that leverage investors are no different than the million of Americans who leverage to buy their home (not for investment). You’re free to judge your friend(s) all you want, but when you make blanket statements like leverage = failure, that’s where I’ve proven that you’re wrong with your broad strokes.
BTW, last I check, the many small business owners who leverage to start their business and fail didn’t get bailed out. So, again, your broad stroke brush is horrible.
By your logic, feel free to vote out all who voted for bail outs, regardless of party line. After all, it’s those in government that voted for the bailouts. Are you willing to do that? I would.
