The argument for and against is argued well by two senior professors and co-bloggers on the Becker-Posner Blog. Becker (economist and professor) argues against providing a bailout and Posner (judge and senior lecturer in law) argues for it, at least for now.  
I tend to agree with Posner and those who argue that during a recession and [...]

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There were some that said Obama needs to peck a little harder at McCain. Well, considering how well Obama is doing in the polls, this documentary goes for knock out. It was released today as a response to an attack that has yet to come on air tomorrow (debate day) from republicans. This is the first [...]

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The vote failed on the bailout plan and markets fell, setting new records. Although I can see why some smart people supported the plan, ultimately I think it would have been a mistake from a political and moral perspective to pass it. However, that doesn’t mean the 700 billion can’t be put to good use [...]

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