Re: A Bailout Above the Law

#640751

bcollins
Member

…and another thing. The crazy thought that you can divide the amount of the bailout by the number of people in the country is insane or just stupid. The FACT is that small business owners (those who provide MOST jobs in the country) have an above average net worth and require an above average level of credit needed. These people should have an above average net worth and would require an adjustment to the numbers quoted. You simply can’t give a flat number and equation. It’s just not appropriate for such a complex problem unless you want the jobs they create to go away.

Think of it this way…do you feel interest rates are lower or higher than they should be? I am perfectly comfortable with this question as being the test for how you should think of the bailout. It’s that simple.