It is a question of moral hazard. If you let everyone get away with their economical errors and bail them out set your clock to 20 years from now and we will have the next big crisis with some other house of cards that will collapse then. And even though I understand that bail outs are the only way to avoid an epic melt down doesn’t mean I have to like them or cheer for them. People who acted in a reckless way squeezing every asset they had for credit like a lemon are getting off easy. And if there’s one thing they should do it is to stop whining and get to work.
You wouldn’t have much sympathy with some drunkard tool who sets your whole neighbourhood on fire and then says well I dropped the matches because I was so drunk sorry :tongue: