“Sorry…not going to do it. I am the CEO of my family and will not do that nor will I have regret or sorrow over that position. Empathy for those who truly duped, sure. Sympathy in the form of my tax dollars? No F*cking Way. There was no sympathy for me when I was in my late twenties and watched what I had built in my 401K get wiped out in the tech bubble…no bail out for me in that case.”
This, a bail out, is just a completely different argument and we have always been in full agreement although, I don’t talk about it much.
I would rather loose 1/2 or even all of the equity in my house than have a bailout. Realistically, though I don’t think we can stop some bail out type regulation/activity. Where the price to be paid for that shows up I am not sure yet. We will pay for it as a tax payer, consumer or both.
