posted on Mar, 21 2009 @ 06:09 PM
Banks fail every year. If the bank is managed poorly, makes bad loans, and can't collect, then they lose money, that's the way a free market works.
I am a responsible, working class guy, who has very little debt, because I try to pay my credit cards off every month. But due to the stimulus plan,
and the bail out plans, I am paying for the 8% of irres;ponsible people who lied about their incomes in order to get homes they couldn't pay for.
If a business can't make it, let it fail. If an individual can't make, then he or she needs to turn to friends, or bootstrap, rather than turn to