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I think we should not bail anyone out this is a capitalist society, they took a gamble and it lost.
That being said the reason I see in this case being different is a fear of a depression. If our banks are not stable people might make a run on them for their money. If that was to happen then our economy would crumble. I do not think this is right, but I think it is a necessary evil and sadly therefore acceptable.
The idea is to minimize the damage to our already very fragile economy.
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