Friday, December 12, 2008

This is in response to a post on Nation Natter.


I completely agree with your post. Our economy is at an all time low, people are job-less and trying everything they can to provide security for their families. Using taxpayer money to support the "plummeting economy" is just plain stupid.
You are also completely correct is blaming Treasury Secretary Henry Paulson. As the treasury secretary, he above all people should know when the economy is in trouble and he should know how to help if it is. Either he has no idea what he's doing, or he is ripping of the American people. Is it just coincidence that the major companies that need money just happen to be run by his friends? That remains to be seen, but it is not looking very good on their part. The $700 billion bailout package seemed immense to me before but after seeing the connecting website and the estimated $7.5 trillion I was shocked. Way to many middle and lower class Americans are struggling to get by and asking them to help bail out CEO's and rich corporations is just appalling. If the government continues down this path I can't see how the economy will get any better. I can only hope that we will be able to find the right course before that happens.

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