super_etecoon on 17 September 2008
I guess I just have a more pessimistic view of the economy, Happy.
I think this is only the beginning. I also think that a few companies with good leverage are going to swoop in and gobble up what's left and we're going to be headed even further down the road of disguised corporate monopoly.
You've gotta love free market economy with the "appearance" of regulation. Trust me...these bailouts from the government are benefiting a very few private individuals who will walk out of this disaster like kings.
And government/taxpayers will have to bear the burden.
I have no idea who is going to get rich....but I know the government doesn't take this kind of bold action without at least a few major players getting a piece of the pie.
