Bush’s bailout plan is a short term solution.
We need a long term solution that considers the effect on home prices ten and twenty years from now.
Who is talking about what the inflation caused by Bush’s stupid bailout will do to the purchasing power of my retirement savings?
When home prices and gas prices tripled, that was not growth, that was inflation.
That meant my savings can only buy one third of what I could before Bush became President!
Do you understand that?
GOVERNMENT STOLE TWO THIRDS OF MY SAVINGS!!!!
GOVERNMENT STOLE TWO THIRDS OF YOUR SAVINGS
The problem is government is only concerned about borrowers and not about savers, and that is why we are in this mess and why the bailout plan will not work long term.