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.

2 comments:

Tino said...

Shelby voted against TARP.

pratishtha said...

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