Things I Guess I Don't Understand: Economics
I understand why people want to stay in their homes, including people who financed their homes with loans they had no realistic expectation of repaying. I get that.
I understand why the people who packaged and made those loans, and then bundled and sold and resold those loans don't want to get left holding the sack. I get that.
I don't get why (or how) those of us minding our own business trying to live responsible lives are supposed to give the people who created this cluster-fuck at least three quarters of a trillion dollars that we don't have to get them off the hook. I know that I'm not very smart, but I'm pretty sure that's stupid. We didn't have the money we used to buy an 80% interest in AIG, and now we're going to borrow $700 Billion (from our enemies) to try to cover the current crop of mistakes made by the very same institutions we want to prop up?
Listen, I wouldn't give anyone appointed to anything by George W. Bush change for a parking meter, much less co-sign for $700 Billion.