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>But, the point isn't so much whether it was all right or wrong, the more important (and frustrating) point is that WHAT they did wasn't done very diligently be
by inthewoods 15y ago
>But, the point isn't so much whether it was all right or wrong, the more important (and frustrating) point is that WHAT they did wasn't done very diligently because at the end of the day, bailout billions were passed out practically for free and nothing changed.
>The question whether it was right or wrong to intervene is more a philosophical question and how much it has compromised the very foundations of our value system and economy: free market and capitalism.
That's all great - and I agree with your points, but the original point was "It wouldn't have destroyed the economy for everyone."
We simply do not know that - maybe, if the bailout hadn't happened, the economy would have plunged into a severe depression.