Monday, September 22, 2008

Rescue The People First

Thanks to massive lobbying, Congress is once again trying to solve the nation's problems by pouring money in at the top.

Meanwhile, people suffer and withdraw their money from the market, wisely sensing that there is no reason for faith. The government is trying to jump-start a car that is out of gas.

People who have bought homes at inflated prices using time-bomb mortgages that explode down the road under the assumption that inflation can only continue were fools. Should they be punished for their idiocy? Or should they be helped down from their tree?

Which is better for the economy? Which would change the direction of the economy?

People who think that pouring money in at the top solves problems at the bottom are fools.

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