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Rescue, rescued.
Dead done.
And by the way, capitalism closed.
The biggest financial rescue in American history is now part of our history.
And so too, the free markets part of that history.
My biggest fear with this bailout here is what we could be losing here.
The freedom to simply fail.
To lose your business because you couldn't run your business.
Now there's a backstop.
The government.
Us.
Think about that.
Get beyond the fears that if we didn't use the government to back up these companies, we wouldn't have these companies, and soon, we wouldn't have lots of other companies.
We'll never know.
Clearly, this much I think we do know.
We never were given the chance to find out.
Never given the opportunity or scary chance to see what happens when market forces take charge of ugly situations.
Sometimes, those situations get uglier.
Selloffs uglier still.
But that's part of who we are and what we are.
They're part of the freedom we have in this country to take on any task and fail at that task too.
When you take away the failure part, you take away the sweet taste of the success part.
But now, I guess, I'm parting hairs...and we are parting cash.
About $800 billion worth of cash.
We're told that will be money well spent.
Me?
Well, I'm just spent.
Worried that the markets we catered to because of a tantrum...we'll cater to yet again when there's another tantrum.
And trust me, there will be.
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