Tuesday, October 14, 2008

Holding our collective breath

With the bailout only a month old, the country and the world still holds its collective breath; some are hoping, others wishing, and a few even pray that this monetary gamble will work. At times I've likened it to a stunt pulled on some Mississippi riverboat, where the maverick gambler pushes in all his chips.

I understand, as fellow blogger Athelwulf stated, that sometimes you have to suppress the forest fire before you go through and assess the damage, further clarifying how you will be preventing the catastrophe. Still, it doesn't really fix the problem in the long term.

I'm all for finding a way to stem the blood, but the bailout is not going to truly fix the issue. In my opinion congress merely slapped a band aid on a shotgun injury and called it good.

Now though, they're talking about possibly another bail out or stimulus package. Uh, folks, where is the money going to come from? If we're going to take money (i.e. "surplus")and give it to the people, and then in turn they're going to have to pay for the bail out. Well, does it seem to any of you that they really would've pulled a fast one.

I've got this analogy of a thief giving back money to the person, but in turn taking the diamond the person has in their pocket.

Time will tell.

~Elindelwolf

2 comments:

Chuck Butcher said...

OT but thanks for the Blogroll Feed, I linked you on mine.

The Skeptic said...

Thanks Mr. Butcher