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  1. #31
    Arcesso pulli gingerios! Eldanen's Avatar
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    Quote Originally Posted by IlyaK1986 View Post
    About us taxpayers: It's not about good or bad. It's about bad, or really big depression worse.

    If the financial system crashes, banks stop lending to each other, businesses have trouble procuring funds, our system starts to deflate, people stop spending, and the economy grinds to a halt, meaning unemployment skyrockets and in general, people's lives get a heck of a lot worse.

    The problem created by the parasites at the top WILL not just trickle, but crash down onto the rest of us if the Paulson Plan/Invest in America plan/or "the bailout" as everyone likes to call it doesn't go through.

    Not to mention that Dick Fuld, Stan O'Neal, and Jimmy Cayne of Lehman, Merrill, and Bear are already out of here.

    The financial system is going to crash. The only question is when and how big? If we allow the economy to crash now, while we still have some hope, we can make a new system, instead of trying to medicate one that's already dead and on life support. The $700 billion bailout is just prolonging the inevitable. We can't bail these people out over and over again. If we bail them out now, it's going to fail later and that may spell the collapse of the dollar system. Or, at least, that's what Ron Paul said, and he's pretty knowledgeable and logical, so I think I agree with him. (No, not an appeal to authority. I'm saying that his logic agrees with mine.)

  2. #32
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    Quote Originally Posted by Eldanen View Post

    The financial system is going to crash. The only question is when and how big? If we allow the economy to crash now, while we still have some hope, we can make a new system, instead of trying to medicate one that's already dead and on life support. The $700 billion bailout is just prolonging the inevitable. [...]
    The thing is that it may prolong its life for too many years..

  3. #33
    Arcesso pulli gingerios! Eldanen's Avatar
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    Quote Originally Posted by tblood View Post
    The thing is that it may prolong its life for too many years..
    It's kinda like putting a cripple on life support. It's there, but it can't do very much....

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