According to one GOP lawmaker, some House Republicans are saying privately that they’d rather “let the markets crash” than sign on to a massive bailout.Somehow, I think it's easier to be a purist when you're insulated enough, for a while at least, from the consequences. But you know it's never the big guys who suffer, right? They may lose some yachts and have to scale back on the vacation homes, but it's the rest of us that will be in a world of hurt when the unemployment rates increase and credit freezes up. Which is not to say that I don't share boiling rage at the captains of industry and their political tools (*cough* Phil Gramm *cough*) for what they've wrought.
“For the sake of the altar of the free market system, do you accept a Great Depression?” the member asked.
But I'm a pragmatist who listens to people who know what they're talking about and who are actual economists and everything. The way I see it, it's a big sucky mess that lax regulation and a lot of greedy people got us into. So you do what you can to keep the economy going, elect the dude who will be more likely to fix the structural problems, then fix the structural problems. But that's just me.