Bailout. Part 2.

After reading this: http://www.kiplinger.com/businessresource/forecast/archive/Ten_Things_That_Will_Be_Different_When_the_Financial_Smoke_Clears_080926.html

I felt this:

DUH.

Did anyone else see this coming? Wasn't the up-swing in the stock market a little too fast? I mean, the DOW has gained at an enormously quick pace, didn't you think eventually things were going to have to even out?

The American public has placed far too much trust in the government and now look. Fannie Mae and Freddie Mac were partially owned by the government prior to their "takeover" by the government, AIG also needed bailed out, and Lehman Bros. declared bankruptcy, etc. in just the past month or so. Has anyone else noticed that whatever the federal government gets their hands on gets screwed up? Come on people, think it through.

After the smoke has cleared, the dollar's international value will rise, people who actually deserve loans - and have the credit and cash value to pay for it - will receive them, and there won't be so many people making 40,000$ a year living in 300,000$ homes. We as Americans will be required to live by our means, not on the credit and backs of others.

Amazing.

Bailout.

So what's the big deal here? So the House of Rep. voted against a bill that's going to bail out millionaires? I'm not a millionaire, are you? Secretary Paulson wants to take 700 billions dollars from OUR pockets and tax dollars and place them in the hands of millionaires who have already fucked up their own money. Hmmm.... Where is the thought process?
And really, where is the economic crisis? In the past month I have made more money - percentage wise - than I have in a long time. To me that means that someone (hello federal government!!) is over-reacting because I'm in one of the very first businesses that people cut back on when they're short on money. The general public cuts back on vacations, on trips, on eating out, on special occasions, on date nights, etc. when they're short on money. To me, this means that the people who are actually hurting are the people who can afford to hurt a bit - not the everyday people walking down the street.
So to all you millionaires who are worried that you're not going to be able to buy your new yacht/vacation home/rolls royce - OOPS. Eat a PB&J - you'll feel better.