My thoughts on this whole bailout mess are summed up fairly well in this article. I don't feel the need to pile on any further. Here is some excerpts:
Since when do we rely on government to intervene in every case of a failing business? If anyone wonders why we have such a mess on our hands, look no further than our boneheaded government that has obviously forgotten its way. Think of this week's action within the financial markets as a result, not the cause of our problems.
the government has a role, but it is not to be a business partner and a sugar daddy there to provide a backstop to the bad business practices of the banking system.
"Where do you stop? Where do you draw the line?"
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