[ERD50]

Quote:

Originally Posted by brewer12345 So, Armor, you don't use public roads? Think the military is an abomination? Can't stomach the thought of clean air regulations, drug purity standards, etc.? I think this is not the thread for another "Atlas Shrugged" diatribe.

I think it goes hand-in-hand with a thread about 'should we pay to bail out xyz'. Not off-topic at all, IMO.

The other govt services you mention would be supported by all but the most hardcore - and they are already living in cabins in the mountains. The phrase, ' provide for the common defence' is in the Constitution. I think the problem stems from that vague line in the Constitution 'promote the general Welfare'.

So, is bailing out people who took on too much/risky debt 'promoting the general welfare'? If it helps smooth out an overall recession, maybe it is? OTOH, if it ends up encouraging risky behavior, because there is always a safety net, then maybe it isn't?

I don't know enough of the details to know which way to 'vote' on the issue, but my general feeling is that bailouts create more problems in the long run. But I'll hedge that, and say that there are exceptions.

-ERD50

edit/PS - sorry, did not see there was already discussion on starting another thread - hope this does not step on any toes, JMO