FMC 3.0

It’s been a good one:

“God save us from that kind of help.” <- Rep. Barney Frank of New York, on whether John McCain’s return to Capitol Hill has helped the bailout talks.

Speaking of the bailout, what a load of crap. Sure, the best way to save the American economy is to give 700 billion dollars to the same people that played fast and loose with theirs in the beginning, and lost it all. This seems like a further extension of the trickle down idiocy that was the Reagan era.

I say give the 700 billion to the actual people that need it - the American public. Not to a few banks, not to give executives that have driven very large companies into the ground a few million dollars for their efforts. Let the foreign investors they sold out to hand them a golden parachute. I say with 700 billion dollars, you could probably just about pay off every mortgage in the country, or at least a very large number of them. Do that. Let those that are having problems surviving have one less thing to worry about. Families get to keep their homes and concentrate on more important things, and the banks get their money back to help them stave off not having enough money to cover their deposits. This seems like a win-win to me.

Of course, with the talks on the Hill falling apart, it may all go right down the crapper anyway, and everyone loses. We the people elect such great leaders.