Common Sense and the Economy
For the powers that be in Washington it would seem that the best solution to our current economic situation is drain the treasury. It is common knowledge that a vast majority in Congress is a bunch of incompetent idiots who care more for their own personal interests than those they were elected to serve and protect. The jury is still out on President Obama. Sure, he's a great orator (when he's reading a teleprompter) but does he really have the resolve - or the ability, for that matter - to fix our nation's most pressing problems?
Yet Congress moves on as usual, throwing more money around than is necessary. After all, do we really need to research the mating habits of salamanders?
But I experienced a glimmer of hope over some news from the past week. It seems that a few banks want none of money that the government is offering them, and that others want to give it back. These are banks that have operated on sound business practices - like approving mortgages only for people who actually qualified and had the means to pay them back. There are even a couple of states - Louisiana and South Carolina - that refuse to accept the stimulus money being given out by the Federal government.
Granted there are states that really need the stimulus money - like here in Arizona. And especially California.
The media would have us to believe that we are already in another Great Depression. But as John McCain said in his campaign (and even President Obama admits it now), our economy is fundamentally sound. It's nice to see that there others who believe that and are willing to stand up for that belief. It's just common sense.
Yet Congress moves on as usual, throwing more money around than is necessary. After all, do we really need to research the mating habits of salamanders?
But I experienced a glimmer of hope over some news from the past week. It seems that a few banks want none of money that the government is offering them, and that others want to give it back. These are banks that have operated on sound business practices - like approving mortgages only for people who actually qualified and had the means to pay them back. There are even a couple of states - Louisiana and South Carolina - that refuse to accept the stimulus money being given out by the Federal government.
Granted there are states that really need the stimulus money - like here in Arizona. And especially California.
The media would have us to believe that we are already in another Great Depression. But as John McCain said in his campaign (and even President Obama admits it now), our economy is fundamentally sound. It's nice to see that there others who believe that and are willing to stand up for that belief. It's just common sense.
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