9/27/2008

I do not approve of our Federal Government spending 700 billion dollars on a bail out of the banking industry.  I believe Dave Ramsey has come across a reasonable compromise.  The recommendation is this:  Let’s temporarily change the mark-to-market accounting law and then extend insurance to cover this; I would expect that would only cost the taxpayers about 35 billion which will only cost us 5% of what currently is proposed.  To me spending 35 billion is a compromise because I would be happier if we did nothing to bail out these ill ran companies.  I didn’t get any bail out money 2 years ago when I had to close my business? The Federal Govt should not be buying this debt and should not be making loans!  If my representatives decide to extend loans I will make it my mission to see that each and everyone of them is voted out of office!   I am working very hard here at home and living on a budget so that I will never be put in a position that I have to borrow money from anyone ever again and I don’t want my government doing it either! Last thing our country needs is to add another trillion to our National Debt!  I can’t help but suspect that my representatives somehow have their pockets in this. I am angry as hell about how this is being handled and I will do something about it! Trust me.
Sincerely,
Dustin Sherrill
Nixa,MO,USA