Tuesday, September 30, 2008

Bailouts

In the bailouts the government's given so far to Bear Stearns, AIG and Freddie and Fannie they've pretty much just given money to these companies. Why can't the government work a deal like this out for the taxpayers?

1 comment:

Mark said...

The Republicans actually had a plan similiar to Buffet's using loans and insurance instead of a direct bailout.

This is what McCain should have fought for, but instead he went with the Bush plan siding with Obama on the bailout.

Had he gone with the Republican plan, he would have gone against Bush and against Obama and he would be ten points ahead in the polls.

You are absolutely right.

Mark