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Monday, September 29, 2008

Economy: Feedback

It's a good idea, actually. Longtime friend and commenter Bob has this to say about that bailout bill:
The bailout "consensus" has fallen apart. It seems that Congress actually wants to discuss the wisdom of a trillion dollar outlay before rushing it through. That's good. As long as we're going to discuss this, let's add something to the deal.

We can't afford to be engaged in wars in Iraq and Afghanistan if our economy is in grave danger. Whatever bailout is deemed necessary, we'll need to put our tax money into trying to save the economy, rather than fighting oil wars. What should we do?

We should stand firm on the requirement that, before any bailout money is dispersed, the Iraq war must end. The Iraq war can be ended in a few days; just bring the troops back home. Stop pouring money into a dumb oil-theft scheme. "We can't just leave"? That mantra is what kept us in Vietnam for years. In the end, we left. In Iraq, just leave now.

If the Iraq war isn't ended, then let's see what happens if there's no bailout at all. Maybe nothing will happen besides the bankruptcy of companies which richly deserve it.

Congress will need to develop a spine to do this.
Maybe the Chinese will be more willing to lend us money to shore up our crumbling economy if we're not destroying ourselves in Iraq?

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Stumble It!


At 8:04 AM, Blogger Michelle said...

I could not agree with you more. As much as I do not want to see the US go into another depression-like ecomonmy I am against just handing out money just to bail out these big companies who have worked themselves (and the rest of us) into a damn mess

At 9:15 AM, Blogger geral sosbee said...

What could precipitate the next depression!

answer: fbi/cia global terrorists.
QUESTIONS! geral sosbee (956)371-5210


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