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Some quick and personal thoughts on the Bailout: I don't like it one bit. It's a bad deal, throwing good money after bad.
But I don't want a recession. As I outline in my RedState blog, greed should reward those who make good decisions and cut down those who makes bad decisions. The Bailout only rewards bad decision makers. Where do we stop? When will the joke get funny? But I don't want a recession. So as you can see, I am truely conflicted. The conservative/capitalist in me hates the deal and wants the deal to die horribly, no matter the cost. The moderate in me sympathize with Main Street and doesn't want to see it getting hurt, because of the bad choices of Wall Street. What we have here is a Catch 22 "damn if we do, damn if we don't" situation. I don't have the answers for you. No one does. I think in truth we all oppose the bailout, even to those who think we need it. Bill O'Reilly makes good points. In the end we may need the bailout, but I will still fight it tooth and nail. May the future forgive us. Well, see ya' later! Mood: Conflicted Music: "Long Road To Ruin" by Foo Fighters Book: (None) | |
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