Okay, now we have the buckets going, what now? I am still not happy with the bailout. I do believe the free market would have eventually worked something out. My thought, what about all the people who have been doing the right thing, paying their bills on time, etc… What kind of break do they get? Also, I thought Sarah Palin summed up the problem well when she made the point that mortgage companies convinced people who could only afford $100,000 homes that they could really afford $300,000 homes. Oddly enough, she seems to be making more sense then the major candidates. Oh well…
Of course, one of the economists I respect, Steve Forbes, did make the point that the bailout and the stock buying that is part of it, should stabilize the banks enough to unclog the pipes. His point now is that the economy is health except for the blockage of funds. If the funds stay blocked the economy will go down hill fast.
I have been in the process of moving so I am not as available the last few weeks. We hope to get the majority of our items moved tomorrow. Cross your fingers. And our Internet, which was supposed to be hooked up either Monday or Tuesday now won’t be hooked up until Thursday or Friday. Go Time Warner Cable. Yeah!!!!!!
p.s. Is Internet a proper name? The blog spell checker always shows Internet should be capitalized. Or is this just the first wave of the machine finding a life of its own?