“A raging inferno is heading towards us and we’re worried about the idiot who started the fire.”
Good analogy. Folks are screaming about the socialist aspects of this bill. Well, I hate to tell you this. Its too late. We’re screwed. Save what we can before there is a run on the banks and we are in a full fledged depression. Im not exaggerating.
> We’re screwed. Save what we can before there is a run on the banks and we are in a full fledged depression. Im not exaggerating.
Maybe we are, but I think you are looking too short term. The roaring 20’s was a time of moral decadence, Wall St. greed, poor regulation. The depression destroyed many lives, but America survived and came out better for it in the 40’s 50’s and beyond.
I figure we’re screwed whether the bailout proceeds or not. We have just amassed too much debt to not get screwed. But freedom is often sacrificed in times of crisis, and I do not support sacrificing American freedom on the altar of socialism.
When eastern Europe became free from the yoke of the soviets, we conservatives sat here and lauded the Polish “shock therapy” (i.e., cold turkey) approach to reform, rather than socialism lite that some other countries favored. It may be time for America to take some of that same medicine for its own ills.