Wednesday, October 1, 2008

Senate Takes a Whack at Bailout Deal

I don’t believe in bailing out corporate greed and speculation, especially when no relief of that nature is made available to the hard-working, small business person who goes through a rough patch. Capitalism for the lower and middle class; socialism for the rich: no, thanks.

Having said that, if this ongoing situation truly threatens the stability of the economy, then I would be in favor of a solution where—handled with maximum govt. oversight—Uncle Sam would come in as a partner, in effect buying low and selling at a higher rate in the future, so that it’s not a bailout but a business venture very likely to generate profits for John Q. Taxpayer in the long run. Equity, not charity.


Let's see what happens.

Worst. Monday. Morning. Quarterbacking. Ever.

I’m talking about as little as possible about what’s on the horizon because I get into an uncontrollable rage when I discuss it or even thin...