I've written to my congressional representatives and senators asking them to pass up the $700 billion bailout.
If they have to throw around $700 billion to keep the lending markets going, they should create a nationalized bank that competes with the buffoons that got us into this mess.
We still need for housing prices to fall, if they are artificially propped up, then inflation will have to follow, and that will dilute the value of all Americans wages and holdings.
Here is a post on bOINGbOING about a great bailout related site: http://www.boingboing.net/2008/09/22/buy-my-shitpile-hey.html
Here is the site the above post refers to: http://www.buymyshitpile.com/
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Rabu, 24 September 2008
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