I’m surprised to see that, on this issue, you’re in agreement with Mark Belling.
The government saving companies from the consequences of their bad decisions is foolish and expensive.

:)

As for the gov. forcing investment banks like BS to give non-qualified people loans - that’s the first time I’ve heard anyone claim that. BS didn’t give mortgages and wasn’t forced to provide loans to anyone. Unless you’re referring to companies like Fannie May or Freddie Mac that provided *government* backed loans to low-income individuals, but that is completely different that investment banks like BS buying up risky loans - and no one forced them to do that.

As for the government, this bailout is a result of the administrations policy decisions and not an ideological or political stance, so I wouldn’t say that this is the gold standard of why government shouldn’t get involved with social services, etc.

But agreed, the government shouldn’t be stepping in here.

You see, conservatives - REAL conservatives believe this intervention is horrible. The government should not intervene here. The problem began long ago, though, when government intervention STARTED this entire crisis by forcing lending institutions to lend to non-qualifying individuals.

Remember this example when you think government should start solving our problems, please!