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Old 02-18-2009, 05:40 PM   #5
fuesquemill

Join Date
Oct 2005
Posts
716
Senior Member
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Maybe - but in any case the US government should have insisted that the money was actually channeled to the actual banks, and not used for unrelated investments...

Possibly the Bush administration was using the "private business always knows best, their actions motivated by greed are always the solution, and any government actions are always the problem. So let us try to give money to private corporations with no strings attached, and everything will be solved" ideology.
How about "why figure out how to spread it among 50 different banks when they can figure that out better than we can" and "they're a bank in trouble, what else are they going to spend it on".
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