Bailout Crisis Needs Long Term, Not Short Term Solution

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.

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One response to “Bailout Crisis Needs Long Term, Not Short Term Solution

  1. I could not agree more that we need to look at the long term affects rather than what is going to happen in the next 2 or 3 years. I personally would let the system flush itself out and let these financial institutes fail.

    http://jwojdylo.wordpress.com

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