
Episode 246: The Link Between Politics and Economics
Words & Numbers
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Why You Shouldn't Blow Out People
John Avlon: Bailing out the savings and loans was a horrible mistake. He says it sends a signal to everybody that you don't have to grow up. And what happened? 10 years later, in 2008, when we had the housing bubble and burst, it was the same thing all over again.Avlon: We've just taught a human being not only that it's okay to trash a car, but that it's indeed profitable. But I remember doing all kinds of bad things when I was told I couldn't do the first bad thing I wanted to do as a young man"
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