For those of you who don’t believe that the government bailout is a good thing – here is an alternative to send to your Congressmen. The only solution can not be to go in to even more debt as a country – I mean, when has going into debt ever been a solution to anything!

This is Dave Ramsey’s “Common Sense Fix” to the current economic crisis. Click on the link to read more about it. Forward it to your friends, family, co-workers and Congressmen. Obviously, the representatives in Washington are listening to the people – or the bailout would have already passed.

http://www.daveramsey.com/tdrs/index.cfm/2008/9/30/3-steps-to-change-the-nations-future?ictid=sml

I think Brian Williams summed it up nicely in his opening of the NBC Nightly News Wednesday night – “Good Evening and congratulations you are all now owners of an international insurance conglomeration.”

In case you’ve had your head under a rock he was talking about the federal government bailing out yet another financial company – AIG. This time the federal reserve loaned AIG $85 billion and took over 80% of the stock (if I’m remembering correctly). So, basically we the taxpayers now own AIG. But I’m having a hard time figuring out exactly how this is going to benefit me. All I can figure out is that it’s not.

They are going to use my tax dollars to bail out a failing company and then when the company recuperates and is making trillions of dollars again – I’m pretty sure I won’t be seeing any of that money. Maybe I’ll start a business, make risky investments, and loan money to people who have no way of paying it back and then let the government bail me out

I am also confused about why everyone thinks it is such a great idea for the treasury and the world banks to pump about $180 billion in new money into the economy. It’s not going to help the everyday people. We are still going to bring home the same amount in our paychecks but everything will cost more!

In case you can’t tell – this financial thing has really gotten under my skin! I’ve been reading all about it and for the life of me can’t figure out why government bail-out is a good thing. I have been living under the impression for the past 24 years that America operated in a free market economy and democracy – not socialism.