
Originally Posted by
999969999
So, you don't oppose capitalism, but the government's role in it, right?
I can agree with that.
Capitalism didn't fail us. We failed it.
We let the government get in its way.
We should have never done any bail outs of anyone-- Wall Street, GM, etc.
We should have let them all file bankruptcy.
And we shouldn't have required banks to lend to people who obviously couldn't afford to pay back their mortgages. We should let the banks decide who they will or will not loan money to based on credit worthiness and their ability to repay the loans, and then when the banks make a risky decision and it blows up in their face, they have to eat it instead of coming to us (the taxpayers) and expecting to be bailed out. They would be much more careful about who they loaned money to, and this huge real estate bubble would never have even happened.
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