Does the USA need a perestroika?

[Final-Fan]

Kasz216 said:

Final-Fan said:
"Had a lot of the big banks fallen... it seems a lot of small local banks would of taken their place."

But if people think the new ones would have just slid into place without massive repercussions to the economy from the destruction of the old -- and I'm not saying you do -- they're deluding themselves.

Bad things would of happened... but not that much worse if you ask me.

I mean, the biggest fear people had was that poor people wouldn't be able to get loans.  That pretty much happened anyway.  Loans almost completly dried up for average people... outside of your smaller banks, more stable chains and the usual "Cash Advance" places that makes money hand over fist.  Or at least that was the case by me.

All that bailout money, the government probably could of made it's own bank to bailout people and provide non-profit loans to people for a few years until new banks took the place of old ones if it wanted to.

Probably. 

@ mrstickball:  So your problem is with the timing, rather than the occurrence, of bailouts?