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Originally Posted by classicman
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I don't really think we should be bailing out the banks. They caused this mess. I DO, however, believe we should be using government money to create jobs for people by rebuilding our infrastructure, pumping money into alternative enregy (which I believe will create a whole new industry and supply millions of jobs while reduce our dependence on oil), and updating our schools and medical records.
On Fareed Zakaria's show this past weekend, he was at the World Economic Forum, and the finance minister of France said they only had to bail out one of their banks, and when they did, they got rid of all the management. Isn't that how it should be? Why would we leave people in charge who caused this to happen? People keep saying they are the smartest people in America, well, really? Because it doesn't seem very smart to me, what they were doing. It isn't rocket science, even though they want us to believe it is.
And some of the people Obama has advising him were a part of it, I believe, like Larry Summers?