yep, same exact thing is going to happen in 10 years, because it has been happening every 10 years since civilization started and nobody will do anything different at all after the bailout. No new laws will be made to tighten regulations, Obama is not going to pay any attention to the economy, and generally, everyone will forget.
It will happen because people like you dont get it. The bailout will reward everyone that was knee deep in this shit instead of letting them fail which is what laissez-faire economists want. And on top of that shit fuck liberals will blame the lack of regulation (lol).
Well, you have a grimmer view of the world than I. Instead of killing time waiting for banks to revive themselves, while the economy and everyone else in the world suffers the consequences of having shitty banks, the injection of money skips all that. You're looking at it in terms of punishment/reward...as if the banks were children that need to be trained. That's not reality-- they aren't going to "learn" shit...if they know they fucked up bad, they already know it. If they don't, they aren't going to learn. I think that the crisis has already brought a lot of important people back down to Earth. Sure, we'll see other crises in our lifetime, but not this one and probably not another one in 10 years. It's all on Obama's shoulders...no pressure, guy
As for your last sentence, there were some key points where regulation could have stopped this. Some were proposed by republicans in 2000, the democrats stopped it. but then further regulations that could have alleviated the problem were proposed by democrats, then stopped by republicans. The political angle doesn't help anyone understand this situation any better, it only fucks things up, since both sides had a hand in it.
