Sunday, September 21, 2008

Bad choices should have *some* repurcussions

money grows on trees...but, of course, we also don't want the nation's financial system to completely collapse. However, I worry when people with a pretty good grip on economic theory think that the proposed bail-out is a bad idea. If we're giving a number of big institutions a transfusion of taxpayer funds, we'd better be getting something for it...

(via Talking Points Memo)

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