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What other choice did we have?

other than bail out those banks? Did we have any other choice that would have helped?

Answer Question
 
Anonymous

Asked by Anonymous at 9:51 AM on Mar. 25, 2009 in Politics & Current Events

Answers (21)
  • Let them fail.
    Anonymous

    Answer by Anonymous at 10:02 AM on Mar. 25, 2009

  • Then what anon?
    LadyChamp

    Answer by LadyChamp at 10:16 AM on Mar. 25, 2009

  • AIG is not a bank but I heard we had to bail them out because they were doing business with almost every bank in the US and if they went down so would pretty much every bank all at the same time.
    Anonymous

    Answer by Anonymous at 10:27 AM on Mar. 25, 2009

  • Let the chips fall where they may. You know. Like real life.
    Anonymous

    Answer by Anonymous at 10:34 AM on Mar. 25, 2009

  • No, we did not have a choice.
    mustbeGRACE

    Answer by mustbeGRACE at 10:47 AM on Mar. 25, 2009

  • Let them fall. In the 80s banks were failing left and right over 2000 in one year failed and we all survived. We had a choice and instead of doing the right thing we turned to larger government. We needed a Reagan instead we got a Carter. We are screwed.
    Anonymous

    Answer by Anonymous at 10:49 AM on Mar. 25, 2009

  • We don't have the choice to let certain banks fail, like AIG.
    Like anon 10:27 said, AIG had dome major lending to many, many banks.
    heatherama

    Answer by heatherama at 10:54 AM on Mar. 25, 2009

  • Let them fail. The ONLY reason AIG got so much so fast was that the vast majority of our congressmen have their pension plans and money tied up in it. They werent about to let it fail and lose everything, no matter what it cost the American people.
    abbynzachsmommy

    Answer by abbynzachsmommy at 11:14 AM on Mar. 25, 2009

  • We did not have to help them. Once again multiple banks and agencies failed in the 80s and we let them. We survived. Again we need a Reagan not a Carter. Obama is Carter 2.0 and anyone who is objective and remembers the 70s and early 80s knows he was a terrible President.
    Anonymous

    Answer by Anonymous at 11:16 AM on Mar. 25, 2009

  • As long as I'm free I will question our President I will not fallow blindly. This is how people lose their lives and their freedoms. He is not doing what is best for the people he is doing what is best for BIG BUSINESS.
    WAKE UP you will not get the hand out that you want. I know you hate to hear this but you DO have to work for it.
    If you let the government in you life you will lose the little you have.
    Our history books on our government have all you need to know about our future. I know you have to read :(
    gammie

    Answer by gammie at 11:25 AM on Mar. 25, 2009

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