The Bigwigs on Wall St are all clucking about the sky falling, and the Congress (by and large) are believing them. We are going to rescue the companies who failed because of their greed, instead of rewarding the companies who didnt by throwing them a bone.

How about that for an idea? All the financial institutions that maintained their senses actually get a perk from the govt so they can continue their positive lending practices? All those who didnt get sold in a fire sale.

I think the alternatives we have at this point are bad, worse, and worst…take your pick.

The fed has already let loose a few hundred billion to free credit and cash back up for some banks. But that’s a band-aid fix if I ever saw one.

Bottom line…the economic future, as far as I can see… is going to suck regardless of who gets in office, what plan we eventually follow for Wall Street, or how much Americans whine.

Across the board, Americans are going to have to take an axe to their spending and get self-sufficient.

What scares me is that the nation will slide into socialism out of fear of starvation.

The only slim hope I can see is that the same people who didn’t see this coming, are the ones now saying a depression is on its way. And their track record on economic predictions gives me hope that they might be wrong.

That and the American people actually stood up the other day and at a rate of 9 to 1 told their congressmen NOT to vote for the bailout. MAYBE the dialogue this nation has been missing has FINALLY begun.
God help us. He’s the only one who can.

Who ever broke a heroin addiction by shootiing up more heroin?