[Ghoulish Delight]

Personally, I don't think the federal government should be spending a dime on this.

We're here because the decision was made to deregulate and allow the free market to rein. Agree or disagree with that decision, that's where we are. But guess what, failure is a risk in the free market. These idiots gambled with it and lost and now they're begging to be rescued.

Now, I could have told them, back when they were being deregulated, that this was a possibility. And that's why I am in favor of regulation. Failure should not be an option when you're talking about the underpinnings of our entire economy. But failure IS an option in the free market and the people who chose the free market and chose to gamble deserve to bear the consequences.

It sickens me to see talk of how to limit the amount of money the people who made the horrible decisions walk away with when we should be talking about how much they're going to lose.

The fed should do little to nothing. The bare minimum to prevent things from spiraling out of control. Make the gamblers cut their loses, ensure that the people who made smart investments aren't dragged down in a rip tide. It's going to hurt. Homes will lose value, people will lose jobs. But unless the people who have been taking risks with money that's not their own without threat of real consequence (an 8 digit severance package is not a consequence) get hurt, we will find ourselves back here once again in short order.