What would happen if there is enough stonewalling in congress that the proposed bailout agreement doesn't get passed? Fat chance, I know, but let's just suppose. Would that really be a bad thing? After all, why should the US Gov't reward risky speculative investments? For a while there, my cat could have gotten a loan for a real Kitty Condo, and she would probably only be able to pay it back with dead mice and litterbox leavings. Anyhow, if the large banks that backed all of these risky loans did suddenly go belly up, what would be the worst thing that could happen? The small banks that didn't make risky loans would be fine, it would be the big ones that would be in trouble. What would happen if the giants fell? Depression, and again, would that be such a bad thing? According to a blog
posting I just finished reading, a depression might be just what this country needs right now. It would put an end to globalism and adventurous foreign wars, and encourage investment in manufacturing and infrastructure here in the United States.