Wall Street Bailout

In light of the recent crisis on Wall Street and the crash of the stock market, I've got to wonder where are our leaders? We have the President on TV every other night telling us how direr the situation us, and congress goes on vacation.

Wow! Not really sending the right message to the rest of us are they? Something clearly needs to be done, but 700 billion dollars of taxpayer money I do not know.

The problem in my opinion is the way they handled the situation the first few days of the crisis. You got Henry Paulson the former CEO of Goldman Sach, a man worth between 500 and 700 million dollars asking the taxpayer to give him 700 billion dollars with no strings attached to help bail out his old buddies on Wall Street.

That's a tough sell, especially with this President. The same President that rushed us into war, the same President that was slow with relief to New Orleans, that same President that has lied over and over to the American people is now coming back to us asking for 700 billion with no strings attached. It's a tough sell by a lame duck President.

What we need right now is leadership not finger pointing, leadership we frankly have not seen from congress on both side's or the candidates. Americans need and want to know whose getting this money, why their getting it, why we should bail them out when normal people are already feeling the crunch.

Who cares if a millionaire CEO loses his job? I certainly do not especially see this who crisis is their faults. Main street doesn't understand that if we don't get Wall street the money, that if we don't get these banks back up and heading in the right direction that things are only get worst.

As long as people don't realize that if we don't fix this credit problem banks won't be able to loan money to small business, and if small business can't get loans they might not be able to pay payroll.

If you can't pay payroll people or going to be laid off, and when people get laid off they shop less, which brings us back to the economy. Know one likes it, but it is a bitter pill we all must swallow if we want to get this country back on track. We have to bail these bone head's out.