Q: http://biz.yahoo.com/ap/080919/financial_meltdown.html The US government plan to buyout stocks is going to result in a huge inflation rate and devaluation of the US dollar. This has been tried many time before and has resulted most notably in Latin America in massive inflation rates and an even worse economy. I do believe the government should protect against fraud and other illegal activities, but until arrests are made they should stay out of it. Dips in the economy are natural and this is just the way the market system works out kinks. When a business is failing you let it fail and let new ones take their place. Your input is appreciated.
A: HA! You know what it says to me personally? "Why bother paying my debts off? If a multibillion dollar company can't pay their debts, why should I? What are they going to do, put me in an overcrowded jail cell? NOT sell me merchandise? This is a capitalistic society that is driven on commerce. I'm not paying my bills, I am just going to take on more debt and die in debt, whats it matter?" Think I am the only one??? This reaction by the federal government was the absolute worst message they could EVER send to their citizens. YOU have to pay your debts off, but big corporations run by rich white guys, they get off scott free. You think the Heads of AIG are having trouble putting food on their family's dinner table? You think their kids go to public school? This is a joke, this country's economy is in turmoil, and no one has ANY work ethic. So why should an honest, hard working blue collar man bother paying his debts off??
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