Quote:
Originally Posted by kane
Personally I would rather see us go down swinging and trying to fix the problems then just letting it all cave in and rebuilding from scratch. That said, it is only worth preventing the problems if we take steps to help make sure these things don't happen again.
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my basic problem with that is that letting shitty companies collapse and then everyone rebuilding, forces everyone to learn the lessons, to change, to adapt etc (consumers, wall street, banks... everyone) ... and forces everyone to be a little more responsible going forward having learned some painful lessons. and the other way, we create a bigger problem, prolong the recession/depression and everyone has learned that no matter how bad and irresponsible they act... government is obligated to bail them out at the direct expense of people who act responsibly.