Wednesday, October 01, 2008

The bailout: In response to K T Cat

K T Cat announced today that (he or she?) is against the bailout in any form.

I’ll admit that I don’t really get all the factors involved. I know I don’t.

I’ll admit that I’m weary of taking out credit, preferring to pay for things in cold hard cash-in-hand if at all possible.

But I know that it doesn’t always work that way.

I mean, after I’m established in Fort Worth (or wherever I end up in my “get the hell away from the coast” move) I’m probably going to want to buy a house with a fenced-in yard for Bruiser to run around in and all of that.

And, unless you’re rolling in dough, you have to take out a loan to do so.

The reason I support the bailout is because, without it, I don’t know if I’ll be able to do that. If I can’t do that, then most Americans won’t be able to. And that spells problems.

Sure it’s hot happening now. However, I keep hearing that it will begin to happen unless something’s done. Will it? I don’t know, I’m not smart enough to answer that. I do, however, think that this country should do everything in it’s power to prevent that from happening.

Of course, our politicians in Washington are more concerned with keeping their jobs than looking out for us and preventing that kind of disaster from happening. I didn’t vote for you to do what’s politically popular. I voted for you to do what’s right for this country, not throw it in the toilet so the big kitty cat can flush just because something’s unpopular.

Round and round it goes!

I’m not of the persuasion that says “don’t re-elect anybody.” but right now that might not be such a bad idea.


K T Cat said...

Loans are still being made, the banks have just raised the requirements. Over time things will relax back to normal. Admittedly this bailout would accelerate the process, but so would dropping dollar bills from airplanes.


K T Cat said...

Oh yes, I almost forgot. Thanks for the link!