I am not arguing the fact that the bailout be necessary to keep the US economy afloat (that problem is so diverse and way over my head), but I am arguing and agree with Ron Paul that government intrusion created this mess.
http://www.cnn.com/2008/POLITICS/09/23/paul.bailout/index.html When government is allowed to give special or preferential treatment, monopolies are created and competition is squashed as Freddie Mac & Mae are great examples.
Right or wrong, saving the economy or not. I would still contend that this is an act of communism.
I had no idea how bonds were traded.
