Donaldson on the Moral Consequences of Bailout

The following is a commentary by ABC News' Sam Donaldson. Click here to view a video version of his latest essay. Someone asked me Wednesday why we shouldn't just let the people who've made bad economic decisions, and certainly the people who encouraged them to make those bad decisions, go broke. "They did it to themselves. They deserve the consequences, and the rest of us shouldn't have to pay to bail them out," was the outraged cry. I was a bit surprised by this, not because we don't all...Full Story
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