Not sure where I stand on this whole economic crisis yet, but I think I'm starting to come down against the government 'bail out'. I am not a big government guy and generally believe the less government the better. That's why it seems crazy to have the government fix the very problem that it created. As far as I'm concerned, Big G can do only one thing well, and that's win wars. Most other things where the government has a huge take over just have plain not worked: Social Security, welfare and other entitlements, etc. [sidenote: scary to me that some want it to take over healthcare...]
Here's and interesting video clip of a few years back when the left was failing to acknowledge the problems with Fannie/Freddie.
This is probably the best and most clear article I've read yet summarizing how we got into this problem and what we should do about it.
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