Are you and Obama supporter? (HOPE) lol. Your hopes are dashed! From what I see of this current administration that is the direction they are headed.
Do I sound like an Obama supporter? If so, I think I really need to step up my game a little bit. Though he is the President, and we'll have to deal with him for the next four years, no I'm not a supporter. Why not? Because he doesn't make sense! You don't dump money on a failing economy where inflation is hitting the roof, that's economic stupidity. You don't bail out all sorts of companies that get hit when a financial crisis hits, you let the economy recover itself. A really big one, you can't expect the economy to always go up, there have to be down periods or you will end up in a depression.
Having your banking system collapse is one of the most serious things that can happy for an economy - if this isn't a serious problem, what would you consider serious?
What would I consider serious? How about the fact that dumping money on the economy has a MUCH larger chance to throw us into depression than having every bank in the country go out of business. The FDIC has safeguards against banks going out of business, however that doesn't mean jack shit if the dollar isn't worth anything.
Afterall anyone who opposes such measures gets branded as wanting to assist terrorists, making it much easier to push them through.
Yep, like classifying veterans as terrorist threats, which is in another thread around here somewhere... Reminds me of the media frenzy when we were actually fighting the war on terror, too. "2 people died today in Iraq", saw that headline several times or something like it, would love for them to broadcast how many people died in automobile wrecks that day.
*EDIT* Doh, getting my threads mixed up... was in this thread. Excuse me. >.<