The Politico reported, that "some House Republicans are saying privately that they'd rather 'let the markets crash' than sign on to a massive bailout."
It could be argued that a massive breakdown of the system as we know it might be just what we need to rethink the way we've done everything, and move toward a true transformation of society for the good of all. But what would happen to those who are already feeling the brunt of the crisis?
Even if the current proposal is a bad plan, and it bails out only Wall Street, it will be better than a massive depression that would spread beyond stock traders. Refusal to agree to a bailout is sheer stupidity. Get the banks and mortgage companies out of the hole before the crisis trickles down even more to the under-employed and under-insured.
Link via huffpo.
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