The Solution . . . Of Course

Now I understand the solution. It was just so very simple, all along. All financial balance sheets have a "bottom line." Our brilliant administration has discovered the temporary solution and a permanent new direction. Remove the bottom line! We will simply operate the American budget without a bottom line. Of course, this is so simple, why didn't we come up with this earlier? I heard my home state Senator McCaskill quoted this morning on the news, saying, " . . . the credit will flow . . ." Credit flowing is what got us to this point. I think this amounts to nothing more than socializing business and debt. Is it socialism if it's debt and fascism if there's a profit? I've heard all week that this bailout will cause banks that have not beein willing to loan money to keep the small businesses and independent businessmen going for things like payroll, etc., to loosen up and provide credit once again. Having been in business, and certainly small and independent, let me tell you something. If I can't buy inventory or supplies and I can't make payroll without a loan, I'm not making money, anyway. What's the point of being in business? This entire solution amounts to nothing more than nationalized counterfeiting. Making paper money to keep Wall Street and the big banks going is like playing Monopoly with one player getting to use the copier when "times get tough." Of course, it benefits all the players, right! What happened to the idea of the big guys just downsizing and paying their debt? Say, I have another idea, since this is going to happen, anyway. What if we divided that $700B or half of that amount and simply used it to actually bail out the people being foreclosed upon? Since the government is going into the banking business and has already entered the real estate mortgage business, why not just use the money directly on the problem? If the government is going to hold the deeds to the mortgages, simply catch up the foreclosures and let the real estate market balance itself back out? And I can't say this often enough. NO Golden Parachutes. When an independent small business man fails, he's lucky to get out with the shirt on his back. NO Golden Parachutes. If CEOs are going to run businesses into the ground and spend money like a teen-ager with their first job, then it's time they learned to live like the rest of us.
I admit I do not have a college math degree, but this I remember from basic Algebra. An equation with all variables and no constants has no justifiable solution OR, any desired answer can be declared . . . Adding more variables to a difficult equation does not help in the solving either. Here is the equation our government is offering if our economic crisis were an algebra problem.
x + y (z)to the -9th power - f = C
I'll now identify the variables.
x is the actual problem, not the meltdown, but what caused the meltdown.
y is the future generations
z is all the money that will be printed, but not backed by anything
f is what the government will do
C is the constant, which is credit.
Now, even with the variables identified, the only constant is the direction. . . down, so we removed the bottom line.
We have one other real problem with this solution. If D is debt, and C is credit, when D = C, or D > C, we are back to an absolute value of 0. Let us not forget that 0 times anything and everything is still nothing!
The only thing that will change with no bottom line, is the fact, we can and will fall far below zero.
And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand. a part of the Revelation