Why are the politicians trying to bail out the source of the economic problem when they should be bailing out the American people? Why is the government giving money to the very institutions that got us into this economic mess in the first place?
If they government wants to fix this problem, lowering key interest rates and giving BILLIONS of dollars to banks who made all the bad decisions in the first place won't do it. The continual, daily free fall of the stock market proves that. Erasing their debt isn't fair.
If they REALLY want to fix the problem... erase OUR debt. If they're going to clean slate anybody or anything, why aren't they clean slating our mortgages, many of which are bad and given out knowingly in bad faith in the first place. Erasing our mortgages would DIRECTLY and IMMEDIATELY benefit consumers by DIRECTLY and IMMEDIATELY putting more money in our pocket, which in turn would DIRECTLY and IMMEDIATELY improve consumer confidence and DIRECTLY and IMMEDIATELY revitalize our economy.
How many years is this supposed bailout, written by "experts", supposed to take? Far too long to do anyone any good.
Why bail out the scum bags who put us in this position in the first place? Why are we giving THEM more of OUR money? If we're already in a free fall -- and we are -- why not do something drastic? Desperate times -- and these are desperate times -- call for desperate measures.
It's time the politicians (all of them) pulled their collective heads out of their collective asses and started doing what our Founding Fathers intended... serve we the people.
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