It seems there is a lot of blame being pointed in different directions regarding our faltering economy and the root causes there-of. In my opinion each of us must shoulder some responsibility. Greed has run rampant in Washington. Deregulation of our financial institutions from past administrations opened the door for the banking institutions to line their own pockets as they took huge risks with their capital. A prudent business man would have never taken these huge risks. Now we are again borrowing against our children's and grand children's futures as we bail out these mega institutions and the captains of these sinking vessels. Our taxes will be higher no matter who wins the election. A government that promises every thing to every one is a government that will deliver nothing of substance to anyone. We must return to a time when we lived within our means and saved for ourselves and our children's futures. Ultimately, it is our own greed that has delivered us to this precipice. We need to rediscover a time of reliance on our own considerable talents and quit looking to government to bail us out. When my children make bad decisions I tell them they must own it and fix it. Should we ask less of these captains of finance and industry? I think not!
No comments:
Post a Comment