Mind Travels

Bail out Who?

September 30, 2008 · 4 Comments

I’ve been as angry as the next person over the demands that the American people bail out Wall Street.   This financial mess didn’t just happen over night.   Bail out Wall Street?   It seems to me it’s more like, “Bail US out.” “Us” being Mr. Bush and his  friends that selfishly got us into this mess.   Through deregulation, encouraging companies to send jobs over seas, enticing people to buy homes with outrageous sub prime loans and a war that never should have been Bush and company have ruined our economy.   Lies upon lies and all to line their own pockets without any regard for the American citizens or our country.   John McCain likes to say “Country First,”  and  has been right there by Bush’s side supporting him 90% of the time through deregulation and supporting a war that has built up the biggest deficit this country has ever seen.   I’d like to look him in the eyes and ask him,  “Which country do you and Mr. Bush put first? Surely not the United States of America!”

I am certainly no economy expert but I do understand one thing.   You can bail out Wall Street  to get money and credit flowing  again,  and help people in foreclosures renegotiate mortgages but without employment who on this earth can pay for those new mortgages and take out loans?   A good majority of people who can not pay their mortgages because they have lost their jobs!    College students have little prospect of finding work upon graduation.  This economy will continue to decline unless people have momey to spend.  No jobs, no spending!  

Any “bail out” or “recovery” plan should include a large influx of money for job creation.  There are jobs that can be created now!   Our infrastructure is deteriorating it can start there!

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