Said a fellow co-worker as we debated the bailout. His feeling is, if the government does nothing to prevent Wall Street from crumbling, we are all screwed.
Right. And if Ron Paul is wrong, why has he been right for so many years? Why did he predict the fallout of a weak market system because of government OVER regulation and a cheap dollar??
Sure, my co-worker wants change. He has hope. He is hopeful that Obama will be able to straighten out this mess. Nope. You can count on more regulation with him or McCain.
My co-worker is a smart guy. He understands systems and technology better than most. He has no understanding on economics.
Don’t worry, the bailout will pass. And then what?