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We hear so much news about financial bailouts: banks, companies, and now entire countries. If a son or daughter behaves foolishly with money, it's acceptable for a parent to step in to help. But when professional adults behave stupidly — even immorally — with other people's money and valuable resources, do they deserve to be rescued? Are they really "too big and important" to fail? Or should they be fired and their enterprise, whatever it is, allowed to go into default?
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Re: Are Bailouts Sensible?
