Who approves of the Bear-Stearns bail-out?

corporate welfare shouldn't be acceptable. what happened to people being accountable for their own actions? had things gone right, the leaders would've grabbed millions in "deserved" bonuses. so why don't they grab millions of "deserved" kicks in the butt for failing? no, the bail out is wrong. nobody forced them to do what got them in trouble.

JPMorgan Chase helped bail them out, and the Feds assisted with a loan. I typically don't agree with corporate welfare, but if you think of what could happen if Bear-Stearn went under and over 10,000 people lost their jobs, what would happen to them then.

2 thoroughly diverse techniques... What the Federal Reserve did substitute into to in certainty "insure" a $30 billion dollar own loan so as that JP Morgan Chase could purchase out BS. All that particularly skill is that JPM is figuring out to purchase BS on credit, and in the event that they take place to pass below, the money will come from the Federal Reserve economic business enterprise... those are economic business enterprise transactions... no longer government spending. It in basic terms occurs that between the banks in contact if the national economic business enterprise. that funds has no longer something to do with inner gross revenues, as huge-unfold wellbeing care would. The national economic business enterprise (like all different inner maximum economic business enterprise) has its own funds... And, the "government" area of it relatively is that the Federal commerce fee has to approve buyouts of firms...

I don't. It's just corporate whoring at its worst.

I say: "Let it collapse!"

There's nothing that the Fed can do anyways. Things are screwed past the recovery point. I would've just let the bottom fall out, pick up the pieces, reconstruct things the best I could, and MOVE ON.

Propping up failing banks, mortgage lenders, and whatnot--is just asking for more of the same to happen.

A band-aid on a bullet wound. Bush has ruined our economy. And to think...the Republicans used to be fiscally responsible...at least, that's what I hear. It hasn't happened in my lifetime....