Sunday, March 8, 2009

Top Republicans say banks should be allowed to fail

reports the IHT. The first bank bailout was needless. If enough Senators recognize that a second bank bailout would also be needless, then we taxpayers may be lucky enough to stop at one bank bailout.

I believe that both of the Senators in the report voted for the first bank bailout. So maybe more politicians are adopting the opinion that bank bailouts waste tax dollars.

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2 comments:

  1. TinoMarch 9, 2009 at 12:43:00 AM CDT

    Shelby voted against TARP.

    ReplyDelete
  2. pratishthaJune 8, 2011 at 4:23:00 AM CDT

    I am in agreement with Casey - let them pay the consequences of their risky maneuvers. Any short-term stability gained by this ill-advised bailout will be harmful in the long run. medical billing coding

    ReplyDelete