http://www.harishdivakaran.com/home Sun, 19 Apr 2009 15:39:52 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 http://www.harishdivakaran.com/home/2008/09/25/economics-101-agreement-reached-on-the-700-billion-bailout http://www.harishdivakaran.com/home/2008/09/25/economics-101-agreement-reached-on-the-700-billion-bailout#comments Thu, 25 Sep 2008 18:20:04 +0000 harish http://www.harishdivakaran.com/home/2008/09/25/economics-101-agreement-reached-on-the-700-billion-bailout Just looked at Yahoo News and learned that an agreement is reached on the 700 billion bailout deal. Even though politicians on both sides of the aisle agreed on the deal, I am yet to find a person who believes bailing out financial insistutions who made bad judgements is a good idea. I can’t fathom this idea of capitalism on the way up, and socialism on the way down. Still I think the options of the government are limited at this time, maybe a deal is better than doing nothing.

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