Sunday, September 21, 2008
Government Bailout of Financial Institutions
We, the taxpayers, are going to pay heavily for the government bailout of the financial institutions. I understand it has to be done, but I hope it’s done with strict controls and oversite. I hope the Congress puts in strong regulation on this bailout so it doesn’t happen again. Let’s go back to the rules and laws put in after the Great Depression and find new strong regulation for today’s markets. The taxpayers shouldn’t have to pay for the mistakes of wealthy Wall Street brokers and companies. The government doesn’t give the average American a break. It’s time the government shifts their concern to the people instead of Big Business. ENOUGH IS ENOUGH!!!