Mark likes to chime in on various subjects and here is what he has to say about the Bailout.
As you can tell by the number of the posts on this subject, I think we are in a very serious financial situation in this country. It’s bad for everyone and like many others while I think the Bailout is necessary, I would prefer any solution that doesn’t involve the government. Unfortunately, I don’t think a pure market based solution is possible.
That said, I considered what it would take for me to part with my money to provide liquidity into the banking system.
I will not just write a check to the Treasury. Thats like handing it to Ted Stevens. I’m not going to voluntarily give a year’s supply of crack to the junkies.
I’ve Bolded my favorite quote! Read the rest of his post at Blogmaverick.
