A Loos Blog

A lot of banks, and there are 8,430 of them in the United States, are doing just fine. Why do we keep bailing out the few that are failing?

And what about insurance companies like AIG?  Forget about the pension money.  Nearly $50 billion dollars of AIG's bailout money went oversees.  What good did that do the American economy?

Why do we keep bailing out the name brands?  If the Coca-Cola Company was failing, would we spend $173 billion to save it just because a lot of people like coke?

And what about the smaller companies, don't they deserve a shot at the big time?  Or, do we need the mega companies at all?  Why not let the thousands of smaller banks and insurance companies step in and fill the void left by the failed big companies? 

It's hard to believe the Feds "love Main Street" when all they do is bail out Wall Street!

I live in a small town, what can I say?