schminkie

How to Spend $700B and Actually Solve the Problem

paulson/bernanke characterize solutions using a specious strawman argument to manipulate debate and to narrow 'choices' to theirs or theirs. there are other choices. 'we the people' are characterized by the whole gov't. and media as helpless victims. 'we're helpless please fix it daddy [washington and wall st.] we're scared. only you experts can save america.'

one thing we do know for certain. neither the gov't nor the conventional wisdom of wall st. can save us. they cannot even save themselves. maybe we'd better go another way. subsidizing them is like rearranging the deck chairs on the titanic.

it is rare that the gov't. is so willing and even eager to spend huge amounts of money. perhaps that money, our money, would be better spent as capital investment in america. fyi: america includes wall st. wall st. fails to include america.

stop throwing our money down the rabbit hole. let free market capitalism work. put that capital to work building industry and jobs, reviving the bank industry and increasing the resultant tax base.