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Would a depression really happen if Obama had just let those irresponsible companies collapse?

Answers:1   |   LastAnswerAt:2011.04  

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The Warrior 
Asked at 2011.04.17 21:41:05
Let's say President Obama decided not to bail out any of those companies and in stead, keep the money. Would we really go into a total depression? Or would we be where we are now, but with less debt?
answer Truth Hertz  Answered at 2011.04.17 21:41:05
No, when he said "depression" he meant that his billionaire banker cronies would get depressed. He was trying to avoid that at all costs. That's what the whole bail-out scam was about.
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