Comments on: Greed Is Good http://www.redstate.com/biggator5/2008/09/23/greed-is-good/ Wed, 01 Feb 2012 16:27:02 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: speciallist http://www.redstate.com/biggator5/2008/09/23/greed-is-good/#comment-173 speciallist Tue, 23 Sep 2008 10:43:37 +0000 #comment-173 <p>When I make bad decisions, I feel the pain..</p> <p>Bring the Pain!...I am a V shaped recovery guy..</p> When I make bad decisions, I feel the pain..

Bring the Pain!…I am a V shaped recovery guy..

]]> By: rstreu http://www.redstate.com/biggator5/2008/09/23/greed-is-good/#comment-172 rstreu Tue, 23 Sep 2008 07:20:42 +0000 #comment-172 <p>what, exactly, would happen if we were to simply let this happen -- if we just let these failing lenders fail. In some cases, there would be buyouts; some companies would grow while the others would be swallowed up. Some companies would simply fold. Would this be a crisis? I know <em>I</em> wouldn't lose any money. </p> <p>The truth is, if this was, indeed, a market-created problem, I'd be all for letting nature run its course, Gekko-style. </p> <p>But it isn't. This problem is hand-crafted by the Federal Government. It is now our sad duty to pick up the pieces. </p> <p>However, knowing the root of the problem also gives us the chance -- and responsibility -- to demand change. If the housing system were as unregulated as it should be, we wouldn't be here.</p> what, exactly, would happen if we were to simply let this happen — if we just let these failing lenders fail. In some cases, there would be buyouts; some companies would grow while the others would be swallowed up. Some companies would simply fold. Would this be a crisis? I know I wouldn’t lose any money.

The truth is, if this was, indeed, a market-created problem, I’d be all for letting nature run its course, Gekko-style.

But it isn’t. This problem is hand-crafted by the Federal Government. It is now our sad duty to pick up the pieces.

However, knowing the root of the problem also gives us the chance — and responsibility — to demand change. If the housing system were as unregulated as it should be, we wouldn’t be here.

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