http://dollarsandsense.org/blog/2008/11/bailouts-dwarf-spending-on-other-crises.html The Blog for Dollars & Sense Mon, 30 Jan 2012 17:20:56 +0000 hourly 1 http://wordpress.org/?v=3.1.2 http://dollarsandsense.org/blog/2008/11/bailouts-dwarf-spending-on-other-crises.html/comment-page-1#comment-197 David Dzidzikashvili Sat, 17 Jan 2009 15:27:00 +0000 http://dandsblog.wordpress.com/2008/11/24/bailouts-dwarf-spending-on-other-crises#comment-197 If we keep bailing out failed businesses, we will have more than $1 trillion deficit, that’s shocking since such a massive (unregulated) spending can ruin America and the future of next generations, if we keep blindly giving out blank checks to companies that failed due to obsessive greed and extremely poor performance of some CEOs. We will go into historic record debt. The future generation will have to pay at some point, but at the same time we can’t just watch unemployment increase and middle-class Americans lose jobs in record numbers. There has to be another solution, another alternative… If we keep bailing out failed businesses, we will have more than $1 trillion deficit, that’s shocking since such a massive (unregulated) spending can ruin America and the future of next generations, if we keep blindly giving out blank checks to companies that failed due to obsessive greed and extremely poor performance of some CEOs. We will go into historic record debt. The future generation will have to pay at some point, but at the same time we can’t just watch unemployment increase and middle-class Americans lose jobs in record numbers. There has to be another solution, another alternative…

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