Is the government bailout bill, spending billions to buy bad
mortgage-related securities and other devalued assets, the right
course of action?
THIS WEEK’S WEB POLL:
Is the government bailout bill, spending billions to buy bad mortgage-related securities and other devalued assets, the right course of action?
Yes: 7 No: 5
â– My gut says this is a temporary solution and the whole mess will be dumped on the next administration.
â– Unfortunately it sounds as if the bailout was the only answer for right now. I think the U.S. government needs to regulate these millionaires that we are bailing out.
â– No. But, I hope I am wrong.
â– It’s the wrong course of action that will have our children and grandchildren paying for it.
■Yes – subject to the necessary oversight, checks and balances.
â– Yes. It is unfortunate, but there isn’t any recourse at this point.
â– Yes. But I believe there was no choice and only time will tell if it’s effective.
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