I am incensed. Why is the government continuing to use my money to bail out organizations that were mismanaged? What gives them the right?
Freddie Mac -- FAIL!
Fanny Mae -- FAIL!
AIG -- FAIL!
Lehman Brothers -- FAIL!
Let them Fail. Really.
Mother Finance has decided to come around and smack them upside their head because those in charge were either too greedy or too stupid to realize what they were doing was wrong. So let capitalism work. Let them fail. There is no reason for the government to get involved... that's how things get screwed up. People will loose their jobs... great! Time for a refresh! They will take their talent and if they are good they will easily get another job. People may loose money they have invested. Sorry... you should have been paying more attention ahead of time... and have diversified your portfolio.
That which does not kill us makes us stronger. But if we put a band aid over it it just weakens others. Somebody else will come in and do it better. So what if these are 'old' corporations. Capitalism is about change. Time for a refresh.
-End of Ramble