Wall Street Bailout: A Common Sense Approach

The recently failed Wall Street bailout bill (Thanks to all the representatives who grew spines!) is just too much. The people in power in Washington DC are too closely tied to those in power on Wall Street. These guys are so comfortable, and know each other so well, that they thought that a short and simple 'hey! we want/need $700Billion to fix this mess.' would be enough to get their friends in government to create a ridiculously large debt.

Dave Ramsey is supporting a common sense plan to let the markets take care of themselves. http://www.daveramsey.com/etc/fed_bailout/index.html

This whole problem is a result of poor policies put in place by Carter, and supported by Clinton, and many of Obama's top advisers. While the creator of the video at the following link may not have the whole picture, they have a good story to tell.

http://www.youtube.com/watch?v=1RZVw3no2A4&feature=iv&annotation_id=event_597487

I think it's time to get as many of those spineless politicians who voted for this bill out of fear, and against the will of their constituents (READ: BOSSES who they REPRESENT in DC), out of office.

I also think another great idea is the Fair Tax. http://www.fairtax.org/site/PageServer I think that would John McCain take on the Fair Tax, and the above common-sense approach to the mortgage crisis, he'd walk into office.

Either way, please pray for your Congressmen and Senators, and the White House.