LCACM

There's Still a Better Bailout Available

Financial types got us into this mess, due to their tunnel vision. It does not make any sense coming with some variation of the same general idea. We might start by asking the following questions. 1) Why were companies allowed to get "too big to fail" size that threatens us all 2) Is it safe to concentrate so much of the finances close to Wall St? Why not encourage more centers to develop all over the country. This will ensure diversity in thinking. 3) Currently it appears that the US is actually borowing from Communist China. If the Free Market is so great, how come US has become a debtor and Communist China the creditor? 4) How come Paulson is bailing out only his cronies in the financial industry. When Technology was wiped out we were told that it was a Creative Destruction by the Free Market devotees. What has changed now? For example if short selling is bad, it should be so for all companies not only where Paulson's cronies are working.