Saad Live

Dun dun dun dun! The Bailout failed. My opinion in this is that it was a good thing. Lets think about this for a second. These financial firms give out loans that were really a bad idea, then they go belly up, and now the US government has to bail them out. I see it as this, we could A. not bail them out and have a rough couple of years or we could B. bail them out and suffer the fallout in about 10 years. I know that I was going to be pissed if this went through. I like living in the US and having the dollar slump to what happened in Germany during the second World War would be quite depressing. Overall, with the stock market dropping almost 600 points, today has been a pretty eventful day on Walstreet.

Tagged as Financial + Categorized as Financial, Ideas