Lessons

Squirrel in front of Downtown
Originally uploaded by nodigio

http://money.cnn.com/2008/10/02/markets/stockswatch/index.htm?cnn=yes

So, the lesson here is if we vote against a bail-out plan, stocks drop. If we vote for a bail-out plan, stocks drop.

If stocks are going to drop no matter what we do, why don’t we just slow down and take the time to create a decent, workable, sustainable plan that isn’t going to put generations of Americans into deep debt.

I don’t see why we should replace the Monopoly Money of Wall Street with the real money of Main Street.

There are alternates. We now have the time to explore them because the economy isn’t going to collapse in a week or a month – or even, really, a year.

And if it does, the reality is that individuals may suffer and companies may disappear – and what remains will be stronger and healthier. And hopefully, smarter.

So, House of Representatives, we’re counting on you to be as smart as we are. Fail this bail-out bill again, and keep failing it until we get a plan that isn’t rooted in panic, one that has a chance of actually working.

I mean, if stocks are going to fall no matter what we do, I say ignore the stock market and concentrate on the real problem.