Column of the Day

Posted at 8:21 AM on September 26, 2008 by Tom Scheck (2 Comments)

If there's one column that you should read today, it's this one.

Basically, Americans have a choice regarding the financial mess. They can choose to teach Wall St. a lesson or fix the financial mess. They can't do both.

Consider such options as you talk to/listen to/read the candidate's positions on this over the next few days. What's the option if they oppose the bailout (and don't settle for the "We can't give Wall St. a blank check" line. This is too big for the standard talking points)? If they oppose the bailout, are they prepared for an economy that could be in a rough spot for years?

If they support the bailout, what steps are they taking to make sure this doesn't happen again? What will they do to reduce the mountains of debt that will come along with the bailout?

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Comments (2)

While 90% of the column is good, his assurance that the credit markets "The problem is in the credit markets, which are quickly freezing." Is not what I am hearing. While they, the credit markets, are not leading willy nilly (only a few ever where) right now, those with stable businesses and good credit can get loans. Perhaps we should not worry about people with low credit scores getting loans because it seems that is what started this problem in the first place. People with decent credit scores will be effected, but I don't think to many people in this country can not live without a home remodling loan for a few more months. or the third car for there teenager, or that new HD TV.

Besides my (and everyone elses) Lowes, Home Depot, American Express, MasterCard and Visa cards all still work.

Posted by Brian Hanf | September 26, 2008 9:09 AM

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Thomas Jefferson wrote ever so long ago of the need to oppose such government interference. I found a unique petition written using his mighty words. You can sign it at Jefferson's Plea. Sign it. And get others to sign it. We need to go back to Jefferson's america.

Posted by John Sparsky | September 26, 2008 4:48 PM

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