Bailout Funds

I wanted to pass on my basic thoughts on all of this bailout money that has recently passed. I am afraid that this is more money to prop up an unsustainable economy based on personal deceptions. I am not saying that people have been decieved (although some of that has obviously gone on), but people have been deceiving themselves. People have been taking loans that they knew that they could not replay. Banks have been giving loans that they could not absorb to people that they knew could not repay. Investment banks have been giving money to people that they knew couldn't make money, but they deceived themselves into believing that it could happen. US manufacturers deceived themselves into believing that old wares repackage with a new twist is innovation that will sell to the world consumer market. Retailers believed that individuals would always spend money like they have on luxury items.

I believe that it is time for some tough love. Let the free trade market work the way it should. Let the government ensure that individuals who are unknowingly caught in this web are taken care of, retrained and put back into the market place. This is government's job, not trying to infuse Trillions of dollars to keep an unhealthy economy going like nothing happened. Americans hate to lose at anything, but pruning of the tree makes it stronger in the long run.