Financial Bailout....

Well, as you can imagine, there has been alot of talk of current financial mess, and the current government involvement.

Now the government has basically decided to take over these institutions to keep these issues from happening again, and to also help maintain some stability of the current market. This is a noble cause, but let's be honest here, as i have posted on many times, the government fails miserably at any endeavor such as this.

This is ridiculous. This is a capitalism market. It will take care of itself. It might be a scary ride, but it will come out stronger than ever. Part of this whole mess has came from governmental regulation that gave these banks the green light to give loans to people who 1) can not give proper employment information, 2)do not have the credit for such a loan, 3) should never be given a loan. Now this industry is partly to blame for taking these chances on people who should not be given a loan, but the government regulations allowed this to happen (just another example of government involvement causing more issues than it helps). If the government regulation were not there, and no taxpayer money were backing up the market, these institutions would have never given these practices the time of day. This is because when your companies money is on the line (without money backing you up) you will not take chances that will possibly put you out of business.

This type of activity will continue to pump more of our money to prop up these institutions. Which will lead to more deficit for us. Not to mention more governmental regulations that will create more catastrophic events that will cause more and more governmental control.

We have to stop this at all costs!

Viva Liberty!