The stories are making me cry. I read a series of stories published by The Huffington Post. The system has failed. Most of us don't really care that the big banks are in trouble or being bailed out. My friends are in agreement that the car companies should go down and start over. Let a new organization with a heart for the survival of the world run transportation. Stop it! Just STOP IT!!!
What the rescue plan should be about is how to survive while we figure out how to go on. Do we just double up and live with each other while houses are abandoned and become scrape offs? Maybe all companies that hold loans should be allowed to go down and the loans should all be forgiven. From there we could start again. Or even offer say, $50,000.00 of loan forgiveness for each adult American and then let those who have no house or car buy what they can with the $50,000.00.
That is probably way too far out of the box, but come on. Just pretending that things will go back to the way they were is much more far fetched.
Sunday, December 7, 2008
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