Do you believe the government is responsible for bailing people out of stock losses or real estate losses?

Question

Do you believe the government should come to the aid of legal gamblers?

Answer 1

If it's for their cronies then yes, look at the Northern Rock debacle.

Answer 2

Right govt should play as watch dogs and bring th culprits to Book and save the small investors

Answer 3

No.  Taxpayers who are responsible and research before buying should not be bailing out spendthrifts.   But since we are the silent majority we just keep on paying.

Answer 4

Government policies influence the Stock market directly or indirectly. Hence, government is responsible for  the losses to some extent.  

Answer 5

No, NO, and absolutely NO!

Answer 6

Only a socialist government. Not at free government. 'Government has no money of it's own. They steal the money from people who own it. Stealing money from one person to give to another person is wrong. But it's the common theme of socialism. We need to decide if we wish to be socialist, or simply provide opportunities to people.

If we are going to be socialist I will be getting on the free ride bus. I am sick of pushing the darn thing.

Answer 7

definitely not, i still can't understand why the government feels it has to pay for hurricane katrina damage. people who make unwise investments or like you say gamble and lose should be on their own. if those investments or gambles pay off do they share their profits? no, so why should we cover their losses?  

Answer 8

No, no, no. If I struggle to make my mortgage payment nobody's gonna help me. I have a decent fixed rate mortgage. But due to illness in my family, it's a struggle to make the payment every month. But somehow, we manage to pay it on time every month. I may well have to sell a couple acres of property to pay the darn thing down and refinance. I'm still not grasping why those with ARMs expect the govt. to bail them out.

My mother has lost nearly $30,000 of her retirement portfolio in the last year. And she's not invested in anything that one would call a high risk investment. Nobody's scrambling to restore her account balance. heh

Answer 9

No it is not.