Quote:
Originally Posted by i-215
That's better, but it's still not a network.
This is a network:
The sad part: For the cost of one of the bail-outs, we could've bought one of these and been the world's envy.
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As culturaly unpopular as the bail-outs were/are (which is perfectly understandable seeing as to what the beneficiaries did to receive them), most (if not all) were loans that must be paid back to the government at some point. If the company that recieved the bail-out fails, then that sucks for us (the taxpayers) because we just paid them billions that can not be paid back. But most of these institutions will (and are begining to) pay back the billions they recieved. AIG just paid the government back $2 billion. Not much compared to how much they got, but it's a start. Seeing as this money saved our economic system from utter collapse, the ensuing global calamity if that had happened, freed up a frozen-solid credit market that got money flowing back to us for small business loans, student loans, car loans, mortgages, etc. Plus much of this money will be paid back to the government at some point, I think it was worth the investment