About bailing out banks

[Deja Q]

Banks are a symptom; not the core problem.

Not having good paying jobs so people can keep up WITH the loans they got seems to be one of the core issues. (Yes, some people are irresponsible. But increasingly ,more people are losing jobs due to the inequities of "globalization" (using a country and the workers within, whose cost of living and wages are lower by default).

I can not fault President Obama for propping the banks up.

But it sure would be nice to reverse tax breaks on corporations that do offshore; and try to utilize other methods to make the playing field genuinely level or "flat" again. Otherwise it's a one-way spiral.

Unless I'm missing something and I invariably am...

That's all I can really say right now. That seems to be the most rational explanation, until more items of evidence and/or conjecture come into play.

Flame and name-call away. I know a few will want to truly discuss issues, but that's not the norm these days...