Should the government bail out banks and financial institutions?

  • The government has a right

    The government has a right to protect the people of their country, and by bailing out the banks, they are allowing the people of their country to take out mortgages for homes, get loans for things like education and cars, and allow people to keep all of the money they have saved over many years

  • For yer da

    Yer da wouldnt be able to buy yer maw nice presents at christmas withoot the help ae the government bailing oot the banks. S fur yer da's sake the banks need tae help or yer maw will leave yer da for steve fae the bakers n have wains with him and you'll be forgotten aboot

  • In December 2014 all of the TARP (Bailout) money was payed back.

    The US government actually made money off of the bailout. Since in 2014 it was all payed back. TARP revenue has totaled $441.7 billion on $426.4 billion invested. Yes the government was authorized to spend 700 billion on the bailout but on 426 billion was spent. It was not a bailout but more of a loan.

  • Yes, for the good of the economy

    I feel like we need to bail out banks because our entire lives are dependent on those banks. We need those banks so that we can get loans for cars, school, houses, businesses, etc. However, I do feel that it should be like a bank itself, the banks should have to pay back the bailouts.

  • For jobs, yes.

    You need to have governments bailing out these companies because if they didn't, tons of people would lose their jobs. Imagine if the government didn't bail out the big US banks. Where do you plan on getting your mortgage? Where will you get a loan to buy a car? Nowhere.

  • Yes, for the benefit of the entire economy.

    Without these bailouts large financial institutions that are bound to collapse will not only fail but cause a chain reaction of failures in the industry resulting in a devastating effect on the entire economy. Yes, banks acted recklessly and it isn't the government's responsibility to bail them out but for the benefit of the economy the government is, in my opinion, obliged to.

  • temporarily

    Governments have the responsibility to its people to not allow the economy to plunge headlong into disaster. If that requires helping banks and financial institutions from collapsing, then it should be done. This should be considered a loan, however, and be paid back in full, and possibly even with interest. Whatever loopholes, corporate greed, or poor business practices allowed them to fail in the first place need to be changed to ensure it doesn't happen again.

  • Failing should not be rewarded

    If a business should not be rewarded with funding from a government stand point from failing in society. If a business fails it is because it had not complete its purpose in society. On that note, government officials should not allow business to be bailed out for failing in society and people should stand against this to ensure United States' economic stability.

  • Banks are like any business and should not be treated differently

    Bailing out banks desecrates the capitalist principles of our country. Banks are like any business and should not be saved if they fail. They do not deserve special treatment because they are "too big to fail." In fact, bailing them out only makes them bigger. Sure, the economic fallout may be bad at first, but sometimes you have to endure chemotherapy to cure cancer.

  • Let the rich bankers pay

    I think that those who made their fortunes from the industry should have had all the property and wealth confiscated. They and their families should have been conscripted until such time all the debt was paid. They should be sent to defuse IED's if they don't meet their Debt Reduction Targets.

  • Its the cause of all the other problems.

    Although people here argue for the free market, I think the banks should have been allowed to collapse simply in order to break the cycle of this free market. In a wider context the financial sectors of the OECD have become extremely saturated oligopolys and no OECD economy exhibits any notable productive economic activity or utility but instead all generally tend to rely on promoting unsustainable external international debts, unjust enrichment and asset stripping in other economies through forced privatisations and otherwise simple theft through illegal warfare. This free market has to be stopped altogether or will result in a very nasty world war eventually.

  • No, government should lay off private sector

    I think the government should not be bailing out any business in the private sector. Private capitalism is part of what this country is built on. When they start bailing out businesses then the line gets blurred and you wonder who else they are going to bail out. My tax money should not go to private business.

  • It teaches them to continually be bailed out

    It is important as an investor to know any money in a bank will be returned to you, hopefully with interest. It is also great as a home buyer to know banks are willing to take risks on giving a mortgage to someone with bad credit. However, bailing out banks rewards them for behaviors which put investors at greater risks. Bankers benefit, because they get bonuses from the bailout. The people who had bad credit, but qualified for loans get punished, because banks let them borrow more than they could afford to pay back. The investors suffer, because the interest rates go down, though at least they didn't lose everything. Sometimes even the banks suffer, because they have to sell houses which has now depreciated in value.

  • No, a private institution should be let to die

    In Australia, Holden has received $200,000,000 from the Government. The car industry is struggling and they expect the Government to save them from their own ineptitude and treat the taxpayers like an ATM machine. Either Holden should move production overseas or die. The same goes with banks in the US. If they hadn't been bailed out and if key board members went to jail, they would change their ways. Otherwise by bailing them out, you are encouraging them to keep doing what they were doing before.

  • NO

    Business go under because of flawed business practices, mismanagement, or just a lack of demand for whatever it is they're offering. They can either adapt or die. If the government bails out ANY business, big or small, that business will simply continue to do whatever it was that got them in trouble in the first place.

  • The government shouldn't have to save businesses from bad choices

    The greatest thing about the United States of America is our freedom. We have the freedom to make choices, whether they be good or bad. All businesses have this same freedom. It is not the government's place to step in and save a business because they made poor decisions. The government is not our babysitter, and it should not be used as such. We must all be responsible for our actions, not wait for someone to come and bail us out of trouble.

  • Bailouts Go Against Free Market Principles

    Although I understand why banks were bailed out by the federal government in 2008, that doesn't make what happened the correct thing to do. Bankrupt banks would have sent shockwaves through the United States and Europe, likely leading to a second Great Depression. However, in a free market economy, those institutions should have been allowed to fail and other banks would have risen to the top of the financial heap.

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