Thursday, September 25, 2008

Bailout...

So there have been many blogable topics in the news recently. It is funny have my brain has changed this last week, so that I now process what I hear and read by how I can blog about it. Fun.
One topic that has been out there a bit, an is unmissable; the morgage bailout.
I just refuse to believe that we have a sitting republican president who is pushing for a trillion dollar bailout. Yes I know it could end really bad for some people if the levels continue to lower, but isn't that the definition of risk? That is why they 'play' the stock market afterall!
Things got overinflated, but if you're looking for someone to blame, try blinding consumerism.
The real issue here, what has me incredulous about it all though, is the fact that Bush/McCain wants to inject our tax dollars into the economy, the 'free"--market economy.
So as far as precedents go, we can probably no longer enjoy the lack of significant government interference. I really hate to be the guy that yells "we're goin' socialist!!", but.....could this be a first step? It doesn't mean neccisarily that we are now going to be socialistic, but I would imagine this would help that cause. Now if we find that this move "helped", ( I use quotes because even the market fixes itself, congress' loan will get credit for any upswing) it will only reinforce the fallicious ideas of Kaynsian economics.
Let just hope there are enough cajones on the Right side of the Hill to challenge Bush's proposal.


Here's your pork-barrel John!!!

1 comment:

Dani Francisco Boyd said...

Tu fala de coisas muito complexas! hehe