May Winner is Hillary Clinton

Wednesday, October 1, 2008

Plan B- The common sense bailout plan

The bailout plan continues to grow loaded with pork from both sides of the aisle. This is what happens when greedy people get a blank check. My plan is to loan 700 billion dollars to the banks that are in the best financial shape and let them buy the bad loans dirt cheap and turn them around. This would be their reward for being responsible and obviously they would be better at managing the money. The government should not get involved. We don't need more government interference, that's part of the problem. Banks were pushed by politicians to give loans to people who couldn't afford them and in some cases illegal aliens were given loans. Numerous politicians were getting campaign contributions from these failed financial institutions and now those same politicians want 700 billion dollars from the taxpayers. I think whoever votes for this should be voted out of office. The one good thing that might come out of this is the politicians and CEO's who had their hands in the cookie jar might be weeded out. Let the witch hunt begin!

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