Posted On: October 3, 2008, 8:48 am CDT

Posted By: wudchuck

here's the problem. if the banking institution it giving more loans to those that repay the loan, what good is it? this places more folks onto the poverty level and more folks going to ask for that government assistance (WELFARE). sometimes businesses need to fail. fdic is covering my money in the bank for up to $100k. so me as a consumer, will not lose money. but me as a stockholder would! it is just like stocks and bonds. you money placed anywhere outside of a savings/checking account is subject to a loss or a profit. the main problem we see, is if a business is going under, the CEO with the contract agreement he has, will still walk away richer than the company that hired him. this is where the concern is, that the shareholders are approving of these contracts that will possibly leave them in debt or the business bankrupt. i am tired of folks always placing the blame on a particular political party. when in fact, it's a company that is doing the business. congress is failing the american people because we keep spending money or giving money away and that increases our spending or our national debt. we keep forgiving folks (other countries) of the loans we gave them for foreign aid. if anyone needs a tax break is the middle class on down and the farmers of this world. funny, that we have seen the price of oil down to under $100@barrel, and yet, the price of gasoline has still not plummetted to match since it was up to over $150@barrel. yet, when the oil prices soared, so did the gas prices. yet, it has fallen, but we have not seen a major decrease. what does this tell you? that the gas companies are packing in the profit.

folks, it's not up to the president to resolve the problem. remember that congress has been running the show. the president can try to show the direction we can go, but w/o the congress to pass bills, this country needs to replace those in elected positions. afterall, how many of these folks are actually over the age of 70? 60? how can they think into the 22nd century? if they are so old fashioned, how can they comprehend what our needs of the future are? how come we tell folks that over a certain age, they have to retire and collect social security. but if your an elected official, you don't have to retire. you keep collecting our tax dollars for your paycheck. think about this: how long did it take for congress to act on increasing the minimum wage? don't you think if it took that long to do something that simple, how long does it take to do something currently?