Who is being bailed out?
I’ve had my suspicions about the massive bailout over which Congress is dithering. As one of my facebook friends said, I am suspcious of “privatization of profit and socialization of loss.” GraphJam gets it right, I think:
Seriously, if someone could help me understand this from a Christian perspective, I’d be grateful. Part of me sees that many people will suffer because of Wall Street greed — and our own greed, by the way. Another part of me thinks this is a useful correction that might help us all begin to live more sustainably and less greedily.