Bail Out!

I'm not a financial expert, but like most big messes this one seems to involve multiple mistakes, with plenty of blame to go around.

But to blame laissez-faire capitalism, as some are doing, is just mind-boggling. Especially when government-created entities, and government-mandated accounting rules, permeate all accounts of the credit crunch.

The proposed solution, to let the government buy bad debt,
is one I don't quite get.

But if it would help the grand design,

I'll gladly give them some of mine.