Quote Originally Posted by TIGERJC
That is why we need more gov't oversight so that this doesn't happen again, but the funny thing is that the gov't and a lot of ppl knew the housing market was going to collabse b/c of the lending practices long before the actually collabse
Yes thats the solution!!!. Lets make the government as big as possible!! Maybe then they can do everything for us and we can just give them all of our money and let them decide how redistribute it. This will solve everything! I think this new style of government should be called Socialism or even better Communism.

LOL wake up folks!!! The government shouldn't bail anyone out. These companies made poor decisions and they should face the consequences thats the point of a free market economy.