Friday, September 26, 2008

Bailout Madness

First of all, I urge you all to contact your Senators and REpresentative and let them know how you feel about this proposed bailout. You can look up their numbers on

Now, on to the September Madness...

What exactly is happening here? Its like we have a bunch of hoodlums in a glass house, who have all just ran out of rocks to throw. And here we are, seriously considering giving them MORE! Are we STUPID? Did they not do enough damage with the last truckload of rocks we gave them? Obviously some people up on the Hill have lost their marbles. Maybe we can round all those up and give THOSE to the hoodlums.

A bailout (which will no doubt pass despite the opposition of the public) will not fix the problem. At best it will simply push the pain off for yet another day at which time it will be even worse.Our financial house of cards has been built upon constant inflation, but you can only blow up a balloon so far before it bursts. And once it does, its irretrievably broken.

How about we start paying attention to REAL economic theories, instead of the ones that depend upon magic fairies and Hope™. How about listening to the words of those who have been warning of this day for the last few decades (Anyone remember Ron Paul?) There are answers. They aren't going to be painless, but pain is coming our way one way or the other.