Garret,
I disagree with you, bailing out criminals only breeds more criminality and non production.
The federal reserve is owned by the World Banker's who control the economies of every nation, Its nice that they can continue printing money with nothing to back it, our country is debt to them in the god knows how many dollars and continues borrowing.
And which wonderful president was it that threw out the gold standard in the 50's or was it the 60's? That was soooooooo smart.
Sure, give money to companies and banks that still have the same CEO's and executive structures, still want the big yearly salary and even bigger yearly bonuses, are complete and total criminals and who FAILED to do their jobs, sure they should be rewarded with our tax dollars and more borrowed money and putting America more in debt, and this will help the economy how? Its ridiculous and insane. What will change unless you remove the people who created the situation in the first place.
When you reward non production you get more non production, I don't see how this bailout is going to work, unless they force these criminal CEO's and the executives underneath them OUT and actually try to put new people in those positions who actually give a shit about more than lining their own pockets. Would you keep employees in your company who didn't do their jobs and demanded more money, I think not. So why are these guys allowed?
We'd be better off to let them fail, and if the economy crashes, it crashes, America survived the Great Depression and would survive another one. Of course we wouldn't like it but maybe thats what it will take to wake these idiots up.
Maybe then they will realize that you actually have to produce a high quality product that people wlll buy, make lots of money and stash enough into reserves to get thru the slow times and not borrow money you cannot pay back.
As far as I am concerned these CEO's and the executives underneath them (Banks and Corporations) and our government are not worthy. America has been insolvent for a very very long time and NOTHING has been done about it because the idiots have been to busy taking taking taking and not giving one sh-- about any thing else like America and the American people.
I don't want a crash either but I totally disagree with the way this bail out is being handled.
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