alternatehistory.com

I've seen it suggested a few times that we shouldn't have offered the bail outs to Wallstreet in 2008, but what if Congress did what was in the best interest of the majority of Americans and attached strings to the bailouts? As I am not a finance or economics major I cannot suggest exactly what those strings would be, but lets assume they are a so-called 'dream package' that would return banking regulations to the pre-Reagan era and require lenders to start making loans again. Any other specifics would be welcomed from those more knowledgeable than I.

What effects would this have on the economic, consumer confidence, and the general public perception of Congress and events around the banking collapse?
Top