Too Big To Fail? Not in A Capitalistic System!

Since we live in a capitalistic system, we should expect all businesses to play by those rules as well. This bailout the administration proposed and the Democratic leadership claims as the best they can do - sucks!

Basically, if a company is considered "too big to fail" then they are not playing within the rules of our capitalistic system. Either the leadership of this country failed to understand there were companies playing outside the rules of our capitalistic system or they failed to do anything about it.

Either way, they failed. And, I see nothing in the bailout bill that addresses the issue. I just see the Democratic leadership slapping themselves on the back for getting something done. But what did they get done? Nothing good!

They created another layer of government rather than addressing the major issue. The major issue is to never allow a single company in our capitalistic system to ever exist again that is "too big to fail". Instead what Congress is getting ready to pass and what the President is getting ready to sign is a bill that allows those very same hard-hearted companies that don't give a crap about anything except getting borrowers hooked on their capital drugs to continue.

Instead Congress needs to say, "you screwed up, now you need to pay the price". Those companies need to layoff half the folks that work for them. Those folks need to work in the real world for awhile. Our education system certainly did not prepare them for the real world. Perhaps some of them are suitable to go back to college and get a teaching degree. We really need good teachers. We're failing badly in education.

Other of those companies simply need to fail. We need a good shake-out in the financial business. What we don't need are credit card companies handing out cards to folks that can't pay their mortgages. What we don't need are mortgage companies that hand-out mortgages to people having trouble paying their car payments.

I personally am having trouble paying for my mortgage. I may even lose my home over this mess. Business has been tough since the dot-com bust on the stock market. This is just another version of the same issue. People get in trouble because credit is too easy, not because it is too tight. Banks have more control over peoples lives - and then when banks get in trouble they get bailed out! It makes no sense!

Now, if I could only get 300 people to send me five-dollars via PayPal, I could make my next mortgage payment.

vote_them_out@fastpitchcentral.com