Should the US bail out the banks?

My knee jerk reaction is NO! but it's probably necessary.

I don't like the thoughts of the average US citizen having to pay for bad calls made by bankers, etc. IMO there should be some form of punishment for these guys.

Looks like they want the average guy and gal to pay over 3 thousand dollars.

No they shouldnt but as in the uk they have to or the credit crunch will look like a snuffle in comparison to the flu virus that will spread if nothing is done, grrrrrrrrrrrrrrr.

Den.

Aye, it's true....

But does it now give those baking scumbags a license to do whatever they want to now. Especially, if they feel that their actions don't really have any consequences. And us poor schmucks will bail them out again and again....

Well Mr Brown is cracking down on our banks being irresponsible in future so thats a 1st step.

Den.

Yep, that's always a good start...


Slightly off topic, but what were all your council tax pounds doing in those banks in Iceland and not in the UK?

Sounds like our Irish politics is rubbing off on your.