Posted On: October 14, 2008, 7:14 pm CDT

Posted By: Peon Agent

All right Baxtor, I'm mostly with you.

But, it shouldn't be a rich or poor thing. Yes, Paulson is locked up with protecting some rich people/companies. But, it's not a rich thing.

The problem is that he's "protecting" failed systems and probably a lot of shady characters in the process.

Again, it's not a rich/poor thing. It's an honest/despicable thing. Don't be swept in by the current Socialist mantra that we need to punish the rich and give to the poor. That will only lead us to even more trouble.

We need to punish (read, let them die on the vine and don't bail them out) evil and those that make ill-conceived business plans. Don't punish the legitimate business that's doing the right things for the right reasons ...and getting rich in the process. That's a good thing!

Yes, most CEO's are currently WAY, WAY, WAY over-compensated. It's becoming clearer every day that many CEO's have no skills that legitimately deserve those riches. Look how many are now saying they didn't understand what they were buying. Yes, there are many ivy-league frat boys that did nothing but stab the right backs and lie like the devil to get where they are. But, there are some CEO's that have unique skill sets that still deserve very high pay. It's just a matter of rightly discovering those folks, instead of blindly opening up the company vaults to any idiot with a pedigree from the good-ole-boys club.

The same thing goes for the current desires to stop foreclosures on homes. What a great idea …NOT! I'm going to say something really stupid by current standards …some homes need to be foreclosed. Yes, I said it. There are some evil and ill-informed purchasers that shouldn't be in the homes they have. If you don't think so, you've not been around enough blocks.

If you think the banks are having trouble now, wait till it becomes official that foreclosure is no longer an option available. You will have the same kind of pigs lining up at the Treasury trough! Making mortgage payments will be a unique thing, and banks are going to starve quick. If you think there's an economic crises now, wait till that money flow trickles to a drip.

Remember, it's not a rich/poor thing. It's about getting back to some kind of moral compass and having most people just do the right thing. This is America, where failure or success rests primarily on an individual's shoulders. All of us need to stop our cry-baby mentality and get our helmets on. The game is quickly being lost.

Or, so it seems to me...