Thursday, January 24, 2008

STIMULUS PACKAGE

I love getting money, even when it is my own, from the government. But I am totally against this quick fix solution, that is being hailed by everyone as a godsend to fix our ailing economy.

There are many people out there, that can use it desperately. But how many will use it wisely and pay down debt, or better yet save it for a rainy day. I'm afraid that quite a few will treat it as a gift, and spend far more then they receive; putting them in further debt.

The only ones to benefit from this joke being foisted on the public, are the mismanaged big corporations, and the politicians.

If the politicians really want to fix this economy, hold meaningful investigations; then close all the loop holes that allowed all this predatory lending, leading us into this mess. Finally instead of looking for ways to bail them out, start prosecuting, and send them off to jail, where they belong.

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