I've spoken with some people I encounter during the day (okay - two people) and there's consensus that we don't want to bail out the Wall Street people. They took a risk and they lost. Let them fail.
I think we agree that although we'd expect tough times, the economy won't fall apart. The market will take care of things. There are still people with money; not everyone is leveraged to the hilt. Eventually the money will surface and deals will be made. The economy will rebuild itself.
I'm still nervous about saying that in case we end up with Hoovervilles (which we'll call Bushvilles) have to be setup around the country.
The key is that we aren't yet convinced. Please give us the information we need to be convinced if you can.
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