Certainly the alternative's should have been considered, prior to a large unilateral 'bailout!'

CRMT: is and interesting analogy! It sort of reflects Sears & Roebuck many years ago (if u think about it). Pretty much catered to the same working class of people with the same collection philosophy. And woolaa---they are still around! I recall the day we had credit cards from each store we shopped at, as opposed to, certain ones-like Visa, AMEX, and MC.

Basically, make each pig swarm around in their own mudd until they figure a way out. Like each person in this nation has to when we make bad judgement errors!

Frankly, the Gov't knew this was going on. Like 9/11 hoping time will pass and it would happen on another person's watch!

I do not think the fear that people need to be feeling in general was allowed to set in, at all, prior to the Gov't taking over! That is not good. People are going to have to learn to be fiscally responsible, at some age! Instead of hiding and hoping someone else has to take care of it!

This is a nation of gluttening appetites for money and greed. If the Gov't (us) were allowed to have more input into the matter, things may be different. It would look bad for republican candidates if the economy went in the toilet less than 60 days prior to election!

If left alone and everyone had to merge or undo the merges we've endured over the past few decades, this nation would correct itself. Instead of the debt we've incurred.

When Bears & Stern went down 6 months ago, there was the Red Flag. Nothing was really done then, except a precedent for what is going on now.

If CRMT, Sears or any successful business that has stood the test of time had to run this country, the balance sheets would have to add up and make sense!


I sort of think that cutting capital gains tax would not help, as much as, one would think. If anything, it would be cutting tax to the companies that already have contructive financing and know how to 'cook the books' so to speak! Instead of widespread tax cuts, make them earn them, somehow. Show, it is needed to receive it: Like welfare! Let the corporations stand in line like you would if you needed a hand out! If corporations had to be as responsible and were handled as you are as an individual, it would push one into being financially responsible!

You do not solve money problems with more money, just like tossing it in a fire. This is not a cure!

Run the U.S.A. like a business that has to balance the books.

We did this 'bailout' thing in California about 5 years ago. Set aside all our debt (with Gov. Arnie) and started over. Guess, what, we now have the debt set aside to pay and now they are talking impeach Arnie! Why, because the State 'bailout' plan did not work. So, who thinks this national one will.

Clearly, an alternative should have been attempted first and made the littles suckers sweat a tiny bit, like Enron, even if it really did not good, ultimately!

Regardless, something will have to shake loose. Our economy sold to China or India: They owned most of the U.S.A. before we started buying it back. So, when I am in debt, I sell things to pay off debt! Whatever it takes! :twocents: pr :rastasmoke: