Stop the Insanity

Let's talk about debt for a minute. We are having troubles in the economy right now, that's pretty obvious. There are a number of ways to fix the problems, and we're quickly going through all of the options. Now we are throwing about a $trillion at removing the bad loans from the banks so that they can begin lending again.

Does anyone see a problem with this? I understand that in order to get things flowing correctly you have to change how things are done and get money flowing again. No problem there, but when you try to do the same things over again that got you into the mess then you haven't fixed anything.

Spending, whether it is consumer or governmental, has created a deficit of money supply. If you print counterfeit money, which is basically what the government is doing, then how do you think that we are ever going to get out of the problem. We are a nation in deep debt and probably can't get out of it at this stage. So how is throwing my money at some debt problem going to help out, in the long run?

We have been running a budget deficit for decades and now this currently proposed one takes the cake. This is like trying to put out the fire with gasoline. Our generation and my kids and my grandkids are going to have to pay for this somehow. China has already to sell our bonds back because they think we'll not pay them back. That's a smart move on their part.

Sometimes you've got to just let your kids get hurt in order for them to learn an important lesson. The government needs to learn that lesson right now.