Economy Profs Protesting Bailout

AdGator02 · Post by **AdGator02** » Fri Sep 26, 2008 12:31 pm

http://faculty.chicagogsb.edu/john.coch ... rotest.htm

it'd be cool if they including their ideas for solutions, but I guess that might take a while.

MinGator · Post by **MinGator** » Fri Sep 26, 2008 4:08 pm

protest without alternative options always bothers me. don't like it fine, tell me how you'd fix it.

annarborgator · Post by **annarborgator** » Fri Sep 26, 2008 4:32 pm

The only true solution is to let it all collapse then start over from scratch. Nobody has the balls to let that happen, though. Gotta prop up the counterfeit house of cards as long as possible.

TTBHG · Post by **TTBHG** » Fri Sep 26, 2008 7:44 pm

I wish it would crash. The whole system. I have enough set aside that I would be able to make a pile of money in real estate if the economy collapsed.

G8rMom7 · Post by **G8rMom7** » Mon Sep 29, 2008 10:14 am

It's easier for us younger folks to say let it fail and build itself back up. But older folks like my parents will lose everything. I think my parents have pulled some of their investments and put it into more secure places, but they would still lose a lot and they don't have the advantage of time to wait for it to recover.

I am more concerned for them than I am for myself. I think Disney will make it through and as long as people still watch and support local football teams, Bill should be okay (although we would not be shocked to see a drop in his business for a while).

If we can't get a business loan to pay back his vendors...so be it. They'll have to wait like we will to get all the money from the schools.