Cafferty Mortgage bailout opinions - Are Federal Bailouts a good idea?
Is this Cafferty Mortgage Bailout Video a Rant or What?
Jack Cafferty has an opinion on everything. Just ask ex vice presidential candidate Sarah Palin. He ripped her a new one after the Katie Couric interview aired. Cafferty said that if the fact that she could wind up one heartbeat away from becoming President does not scare the Hell out of you...it should. Wow!
Tell us how you really feel Jack.
Cafferty also has an opinion on the Mortgage bailout package that congress approved. He posed this question on his blog:Are federal bailouts a good idea?
Some of the answers posted by readers hit the nail on the head:answers like:
"Why is it we privatize profits but we socialize losses?Now that is some food for thought."
Or how about..."I sure wish the government would bail me out of all my bad decisions so I could have a fresh start."
I really like this one..."We have been told for years that regulations are bad for business. but every time we deregulate, The rich fire with both barrels and the rest of us take the bullet."
and one last one that echoes my sentiments..."The same Jackasses in Congress that voted for the bailout, have been sitting on their hands for 30 yrs while our manufacturing base has been outsourced to China, leaving our economy a service based economy. In one lifetime we went from making everything the world wanted to buy and having a very high standard of living, to being 10 trillion dollars in debt and totally dependent on foreign oil, steel...and whatever comes next."