Rather than take an idealist stance on this, Dave, let's just look at what's happening: financial institutions have no cash because no one will buy their mortgage backed securities. In fact, no one can buy them because no one has that much capital... except the government. They have an amazing opportunity to buy something that is way undervalued. This is good for everyone! With Ron Paul's thoughtless position, unemployment will jump to 20-30% and the wealth of America will crater. We'll be a second-rate nation all because some idiots stood blindly against allowing the government to help the people. People sure as shit won't be needing any band directors, I can tell you that.
Your position on this is irresponsible.
|