Who links to my website? BlocArdent: Bail out or piling it on.

Friday, January 23, 2009

Bail out or piling it on.

Why!

The simple truth is that the government bailing out is counter-preventive and increases the problem two-fold maybe even as high 7-fold.

If we bought everything in a bubble, then maybe. But most of our items purchased last year came from over seas. So, we not only have inflation problems being created. We also have the weakening dollars over seas.

So, anything the government does, is counter productive. Which can be ok in a normal situation when we afford it.

But. We are staring into the brink of a great depression type future. Which means every intrusion into the natural market will hyper inflate our problem. I think our xtreasury sec paulson saw it too late after he blown our money. But atleast he had the common sense to stop.

So, Nancy, and Barrack...take Paulson's lead..before we get to the point where we are debtors to third world country's. STop.............please............Stop

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