What are your thoughts on the economic crisis? Should there be a bailout by the government? If the bailout is not passed, what do you think is going to happen? Why are these corporations failing?
My concerns fall on Fannie Mae && Freddie Mac. Why was this governmentally funded corporation not regulated? Why wait until they get over a trillion dollars in debt to do someting?
And how come nobody saw this coming? I mean, I think that some type of precautionary measure should have been taken wayyy before now.
I think the government should have to fix this. If not, soooo many people will be without jobs. I'm not exactly sure what's causing it, but they need to find a solution, QUICK!
Tuesday, September 30, 2008
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