Comments on: Stop the Bailouts and Let the Bankruptcy Process Do Its Job http://lenpenzo.com/blog/id567-stop-the-bailouts-and-let-the-bankruptcy-process-do-its-job.html The offbeat personal finance blog for responsible people. Thu, 16 Feb 2012 20:41:50 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Jeff S. http://lenpenzo.com/blog/id567-stop-the-bailouts-and-let-the-bankruptcy-process-do-its-job.html#comment-223 Jeff S. Wed, 20 Apr 2011 20:48:56 +0000 http://lenpenzo.com/blog/?p=567#comment-223 A spot on commentary. These bailouts -- not just with the auto industry, but also with the big banks on Wall St. have got to stop. I am not sure when bailouts became the preferred way over bankruptcy to deal with companies going under, but this new approach is really dragging our country down the tubes. A spot on commentary. These bailouts — not just with the auto industry, but also with the big banks on Wall St. have got to stop. I am not sure when bailouts became the preferred way over bankruptcy to deal with companies going under, but this new approach is really dragging our country down the tubes.

]]> By: Political Blog Weekly: 3 April 2009 | U.S. Common Sense http://lenpenzo.com/blog/id567-stop-the-bailouts-and-let-the-bankruptcy-process-do-its-job.html#comment-224 Political Blog Weekly: 3 April 2009 | U.S. Common Sense Wed, 20 Apr 2011 20:48:56 +0000 http://lenpenzo.com/blog/?p=567#comment-224 [...] "Stop the Bailouts and Let the Bankruptcy Process Do Its Job" Originally published:  31 March 2009 Submitted by:  U.S. Common Sense Summary:  Questioning the recent practice of bailout industries before existing economic avenues (such as bankruptcy protection) are explored first. [...] [...] "Stop the Bailouts and Let the Bankruptcy Process Do Its Job" Originally published:  31 March 2009 Submitted by:  U.S. Common Sense Summary:  Questioning the recent practice of bailout industries before existing economic avenues (such as bankruptcy protection) are explored first. [...]

]]> By: The BoBo Carnival of Politics - April 5, 2009 Edition | The BoBo Files http://lenpenzo.com/blog/id567-stop-the-bailouts-and-let-the-bankruptcy-process-do-its-job.html#comment-225 The BoBo Carnival of Politics - April 5, 2009 Edition | The BoBo Files Wed, 20 Apr 2011 20:48:56 +0000 http://lenpenzo.com/blog/?p=567#comment-225 [...] Penzo presents Stop the Bailouts and Let the Bankruptcy Process Do Its Job posted at Len Penzo . Com, saying, “Rick Wagoner goes to Washington DC with hat in hand and [...] [...] Penzo presents Stop the Bailouts and Let the Bankruptcy Process Do Its Job posted at Len Penzo . Com, saying, “Rick Wagoner goes to Washington DC with hat in hand and [...]

]]> By: Beverly http://lenpenzo.com/blog/id567-stop-the-bailouts-and-let-the-bankruptcy-process-do-its-job.html#comment-226 Beverly Wed, 20 Apr 2011 20:48:56 +0000 http://lenpenzo.com/blog/?p=567#comment-226 Interesting stuff! I'm just getting started with blogging and trying to gain some insight into writing articles. I like your style! Interesting stuff! I’m just getting started with blogging and trying to gain some insight into writing articles. I like your style!

]]> By: Len Penzo http://lenpenzo.com/blog/id567-stop-the-bailouts-and-let-the-bankruptcy-process-do-its-job.html#comment-227 Len Penzo Wed, 20 Apr 2011 20:48:56 +0000 http://lenpenzo.com/blog/?p=567#comment-227 @ Jeff: Thanks for your comments. The fit will be really hitting the shan once the insanely high inflation finally kicks in as a result of all this bailout-mania and pump-priming that is going on. Stagflation redux, if you will. @ Beverly: Thank you, Beverly. I truly appreciate the kudos! I hope you'll visit me again. Best of luck with your blogging! I'm still a relative newbie in this endeavor (having started in mid December of 2008) and I am learning more and more with each passing day. The scary thing is I have only begun to barely scratch the surface of everything I think I need to know! All the best, Len @ Jeff: Thanks for your comments. The fit will be really hitting the shan once the insanely high inflation finally kicks in as a result of all this bailout-mania and pump-priming that is going on. Stagflation redux, if you will.

@ Beverly: Thank you, Beverly. I truly appreciate the kudos!

I hope you’ll visit me again.

Best of luck with your blogging! I’m still a relative newbie in this endeavor (having started in mid December of 2008) and I am learning more and more with each passing day. The scary thing is I have only begun to barely scratch the surface of everything I think I need to know!

All the best,

Len

]]> By: Credit Card Chaser http://lenpenzo.com/blog/id567-stop-the-bailouts-and-let-the-bankruptcy-process-do-its-job.html#comment-228 Credit Card Chaser Wed, 20 Apr 2011 20:48:56 +0000 http://lenpenzo.com/blog/?p=567#comment-228 This is the issue in a nutshell unfortunately: "Too bad our leaders lacked the political courage to make the tough decisions when they had the option." You put it perfectly. .-= Credit Card Chaser´s last blog ..<a href="http://www.creditcardchaser.com/credit-cards-bankruptcy-a-visual-tragedy/" rel="nofollow">Credit Cards & Bankruptcy: A Visual Tragedy</a> =-. This is the issue in a nutshell unfortunately:

“Too bad our leaders lacked the political courage to make the tough decisions when they had the option.”

You put it perfectly.
.-= Credit Card Chaser´s last blog ..Credit Cards & Bankruptcy: A Visual Tragedy =-.

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