Custom Search

Sunday, October 19, 2008

A New Begining and A Fresh Start

The American economy is still falling with no bottom in sight yet. Most people have yet to feel the full impact of what has happened on Wall Street. The American people could very well be seeing a 1930's depression. What can the government do to prevent or cushion the harshness of this bad economy? Bailing out wealthy bankers who lived like tycoons on their companies money isnt going to help and may actually end up making things worse.
Giving Chrylser and other manufacturing companies a new start would go a long way in solving this counties financial crisis. If the government made a committment to buy Chrysler and turn into a compeative first rate automoblie company that would in turn give everyone a new begining and provide much needed jobs where people could afford a decent standard of living so they could pay for a new house.
If the govenment dosent do this soon the stock market and economy will just keep falling with nothing in sight to stop it.