Bailout Fails
Posted on September 29th, 2008 by Tariq Nelson
I am no expert, but somehow I think that it is good that it was turned down (and we are still alive). Let the market correct itself naturally. Besides one of the CEOs for one of the failed companies got $13 million for 3 weeks of work.
Filed under: Politics
Salaam,
I honestly have no idea if it’s good or not. How can anyone really know for sure, and be certain that everything will just work itself out in the end? That’s my problem. I don’t really know who I’m supposed to be trusting, as everyone is saying different things.
The economy is hurting and will continue to hurt for awhile but it will survive. It just a matter of separating the amateurs from the professionals. The fact is it was too easy for people without foresight,experience and ethics to make ungodly sums of money. With a new US president (God willing it’s Obama) coming in it will inspire more confidence from foreign investors and the US wealthy to invest more in the economy.