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Old 09-21-2008, 09:46 AM
kvmj kvmj is offline
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Join Date: Dec 2001
Posts: 3,236
I can't say that I'm surprised that this happened. I am surprised that we would consider bailing out any corporation where the government has not guaranteed the assets.

As far as social security goes, it's solvent past the time when most of us boomers will be dead. It does not have a problem. Medicare is another matter entirely.

I honestly do not believe that the public are the ones who are greedy.

What this bailout plan does is keep profits privatized while socializing the losses.