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Old 09-29-2008 | 04:16 PM
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Led Zep
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Originally Posted by Planespotta
If that bailout bill isn't passed, we may well have a recession worse than what we faced in the 1930s.
If anything I think government intervention will make the situation worse. This is a very slippery slope that a lot of people are talking about - that being quasi-socialization with the government stepping in. This recovery is going to be painful for a little while, but I'm optimistic we are going to recover. I would rather take it in the shorts a little longer but with help coming from the private sector and not the public.
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