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Old 10-08-2008, 07:37 PM
disgruntable disgruntable is offline
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That's exactly the reason we should let the market solve the "crisis". Well run institutions have money laying around to buy up assets (BoA and countrywide, Chase and Wamu, etc). This isn't a crisis affecting financial institutions, this is a crisis affecting poorly run financial institutions.

If the assets we're helping to prop up have any value at all, the well run institutions will buy them at the right market price. If the assets truly are worthless, why are American taxpayers being forced to invest in them? This whole bailout is disgusting.
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