we are not letting the government be the ‘go-to’ source for everything. People protest, stand in front of Washington, etc. What are we as a people to do about “what” the government (wants) to do? It is clear they are NOT listening to the people who voted them into office. If you protest you stand a chance of going to go to jail. They don’t want to hear it! The government is going to do whatever they want to. We can’t stop them. People say, vote them OUT of office. We vote them out, then the New Officials just do (more) of the same. Nothing changes, we are stuck with that!

I thought when President Obama first took over the office, he should have let the U.S. go bankrupt and just start (over) again. I don’t see where printing money out of thin air is going to help the U.S. out of ANYTHING. It will just dig the U.S. in deeper and deeper.

I had high hopes for President Obama when he first took over office, but he has fallen short of my expectations, along with other peoples I am sure. I think in the end that the U.S. will go bankrupt anyway. It is just a longer, slower, more painful process this way. To print worthless money for this, just doesn’t make any sense. What is our government thinking? We as a people will pay, pay and then pay some (more) for all of this.

Jeremy, I raise my hand and agree with what you said to Betsy ….100%! I am scared out of my socks, as you can see. I love America and hate to see it come to this!
Susan Glover WA

I will raise my hand and say I am bothered by this spending of MY tax dollars. I am also scared to see where all this will lead. I don’t like the emphasis on rushing to give money that may or may not do any good. As always, we shall see…

Cheers,
Jeremy

Massive spending budgets to provide governmental services to fearful people who want to be taken care of, as well as taking ownership stakes in everything from health care to financial service companies to the auto industry propel the issue into our grandchildren’s generation. What we’re seeing is a drastic sea change in the economic landscape in this country. People can’t buy basic goods and services on credit if credit isn’t available, as you rightly point out. And they can’t afford to purchase at all when prices increase due to inflation.

The government is moving to be the ‘go-to’ source for everything – need a student loan? Go to the government. How about a mortgage – go to the government. Sick? The government is your only choice. How much salary can you make? The government will tell you. Buying insurance or a teacher’s annuity? The government owns a greater stake in Citigroup and AIG, among others. The heartbeat of America – owned by the government? Anyone bothered by this??! (crickets)

The lost decade could very well be lost generations unless something happens to curb the current plans. Unfortunately, it would seem the current geniuses want to intervene at levels unforeseen, and we’re letting them.

Betsy Wuebker’s last blog post..NETBOOKS – LESS IS MORE THESE DAYS