Quote:
Originally Posted by Z06PDQ
so, what should have we done......"just let the markets work?"
|
Honestly? yes.
Markets correct themselves. This one unfortunately went up for far too long, and far too high, before reality finally set in. Some got rich, some found out what their ass looks like w/o using a mirror. It's not unlike any other gamble.
Since your question implies, do we need nanny to fix it? No, that's the absolute last thing we need. We need to learn from our mistakes and become more responsible in our future endeavors. That's exactly opposite of what our current administration feels. They are now propping those butthurt people up with money that doesn't exist, how in the hell can that be a positive thing??
History has shown us over and over than anytime the Gov't needs to step in and intervene, the outcome is an uber-complicated mess that rarely ever resolves the root issue.
I am, and always will be, a fan of less Gov't, and more personal freedom.