Besides the grammar and spelling, this is a pretty ignorant post. No offense, but the bail-outs that happened were not because of lack of regulation. They were because of over-regulation. I'm sure I won't convince you on a chat board like this, but you really should do a little research instead of taking your cues from what you hear on tv. And, for the record, the bailouts are actually a form of government regulation. If the companies were allowed to fail, it would fix the industry. These companies were told by the government that they would catch them if they fell, so they took much higher risks than they should have. If they thought they might actually face failure with their risks, they would have been less risky in their endeavors. Just do me one favor. Read a book on economics. Anything by Sowell, Lott, or many other fine, educated men. You'll be surprised at what you don't know.


Hey Milky so Obama,Mcain and all the economist talking on the news these days are wrong too!!!
they are saying that this happened for lack of REGULATION...so I guess they are ignorants too and need to read Showell and Lott???