On: Ask news.yc: Should the gov't let the current crisis self-correct?

[anamax]

> The unregulated market had a big part to play in causing the current sub-prime mess in the first place.

And bailing them out will have what effect?

If you shield people from the consequences of doing dumb things, they'll keep doing them.

People who invested in subprime-mortgage-backed bonds SHOULD lose money.

Besides, they were going to keep the profit, so why shouldn't they take the loss?