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September 15, 2008
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As far as I'm concerned these bank failures are nothing to cry about. If they're dumb enough to lend money to people who can't pay it back (as sub-prime and other dubious loan types do) you deserve to see your business fail. Too much hype and sensationalism. Now that the banks have been given enough rope to hang themselves with, and have hanged, banking as a whole will be smarter next time around and won't need an oppressive nanny state hanging over their shoulders telling them how not to screw up.
Posted by: Lord Bitememan | September 16, 2008 at 08:07 AM
Here's the thing; sensationalism allows for manipulation by the Democrats who always want to play the envy game.
The McCain will have to be on top of their game with this. I suspect they will be. This was not an unknown possibility and it should have been mapped out already.
Posted by: RattlerGator | September 16, 2008 at 08:33 AM