Will the bailing out of investments firms be the straw that we the taxpayers can not bear?
(get the pun?)

The simple answer is No.

One invests in failing options and recoups large money a bit later on.

//Aside: Get the real drift of my statement??

Yep I'm sure I knew what you meant, but I'm not so sure you understood what I thought you said. LOL

It was just that I was thinking that if Bear Stearns is about a fifth level investment firm, and we help to bail them out without any checks or balances in place, what might happen with other fifth level or lower investment firms who are able to jump on the band wagon through the door the government has now left open?

According to the associated press; we are presently loaning 32 billion dollars a day to many other investment firms since the bailout about a week ago. A lot of these investments firms are also not regulated by any government agency.
(Point being without government oversite they may continue with poor investment practices)

Does this not leave the public in a position that enables large corporations to rob the federal reserve as long as there is no laws regulating the borrowing of tax payers money to the point of bankrupiting this country?
( not withstanding that we are in debt to the tune of almost a trillion dollars)

England did this in their country and are now left holding the purse strings to an investment bank that is now a National Bank and it has been bleeding their economy when it is on an upswing. So though it is restructuring the now "National Bank" they are paying out the nose for the firms past indebitidness.

So I guess I'm looking for some knowledgable insight to what may or may not happen as long as there are loopholes for any investment corporation on this level or lower, to borrow agaisnt our taxes?

Any ihelp to what is going on beyond my meager understanding of this matter will be greatly apreciated.

Thanks John

This post has been edited by unjustjohn: Apr 4 2008, 04:47 AM