The Official Presidential Debate Thread (Round 2)

[GTripp0012]

Originally Posted by Sheriff Gonna Getcha

We are facing perhaps the greatest financial crisis in the entire history of our country; a crisis that could entail the collapse of thousands of businesses, the firing of millions of Americans, the break up of families, people going hungry, etc. and you're foremost concerned about punishing a few CEOs? Your opinion of the bailout shouldn't be based on a desire to punish bad businessmen, it should be based on a desire to make sure that the rest of us don't get hurt by their poor decisions.

I think I'm missing something here. If the government buys up all bad assets and mortgages and gives the financial sector a lift with taxpayer money, do the taxpayers just end up paying off the bad loans over time and this all goes away? Or are there still going to be long term ramifications of the government holding bad assets?

And whats the deal with the Global Economy? Are other markets having the same sort of issues as we are?