On Oct 4, 2008, at 4:59 PM, shag wrote:
> i was following the conversations, but i never got a good handle on
> why people were opposed to the bailout. i am trying to see if i can
> sum of the various classes of argument, and you can correct me:
>
> for some, it was obviously that the bailout was crap because it
> wasn't radical enough. we should have used this as an opportunity to
> force wall st types and their lackeys in congress to make important
> changes to the system that would redistribute wealth downward.
>
> for some, it was that we shouldn't support the bailout because we
> should allow the crisis to happen and this would provide fertile
> grounds for radical social change.
>
> what were some other arguments?
That it's all a hoax, or a new chapter in the Shock Doctrine.
Doug