Quote Originally Posted by OCDshaver View Post
People like myself would argue that they don’t and that bailing them out of their mess set a precedent just as lousy as welfare. However, at least the loans to the banks under TARP were mostly repaid with interest. And, to be fair, a lot of what happened in that mess could have been directly attributed to government policies that helped create the inevitable crash – cheap money, artificially low interest rates, gov’t meddling in the housing and lending markets, and the government institutions of Fannie and Freddie. But no, the government should stay out of that area as well. Then the next time a bank fails, they can wash their hands of it knowing that it wasn’t gov’t meddling that was responsible for it in the first place.
As with everything... that's not the whole story. The government may get some moneys back from the bailouts but all the homes they insured, well, they got penny's on the dollar so yeah, your tax dollars were "given" away. To name but one example.

With respect to the housing bubble though - remember too that the government is you! It was the Johnnie Q public that demanded "little pink houses for you and me." They responded and made it possible. In order to do that, people had to get creative - creativity needs to be monitored but no!! We don't want regulation or bigger government!!

We want it all, but don't want what comes with it - and then we blame those people who we asked to give us what we wanted LOL!! It's too funny really!! I love it when people state knowingly or not, that they still want America to be a superpower but are mortified at the spending that takes - or the giving of moneys to states like say... Israel. Or even developing nations... lol.

Not once have I ever thought that the American government went out of its way to create an environment that nearly saw capitalism as we know it fail with respect to the housing bubble. But blaming the government is a full time sport it seems.

Which brings us back to this notion of entitlement we are discussing... We want this woman to do right by her family, and do it on her own. If that's the case, and we don't help out those in need, then be thankful you have cops and the rule of law - or those people would be at your door... or should we do away with cops and the courts too! You pay for that too!

I bet feeding her is cheaper than policing her !!