TheRealMafoo said:
I agree with you, but I agree for different reasons. My opposition to the bailout has nothing to do with if it will work or not. it has everything to do with if our government should have the authority. I am not a fan of torture, but it works. For me, the end does not justify the means. Trying to stop evil in the world by being evil is not a solution. I see the same thing here. Socializing the economy is not the answer. Even if it works on a limited scale, is it worth what we give up in principle? I don't think so. I will take the pain of a recession to hold onto the freedoms that my constitution gives me. I am not willing to give them up for a quick fix. The reason everyone does not think this way is simple: "the problem with all this opposition is simply because the vast majority of people simply don't understand the problem--at all." It's not the problem of economics I am worried about. |
So lets throw out a hypothetical situation - the economy does collapse due to this bailout not being passed and the government loses out big time (Lets say $7Tril). Would you find this prefferable to the government trying to prevent this problem and losing $700B?
(Both numbers are pulled out of my arse, I have no idea what a depression would cost the government and with this deal losing all 700B would require some extreme incompetence.)
