Bailing Out The Sinking Ship

After meeting nearly around the clock for two days, a bipartisan group of Congressional leaders reached a tentative agreement with the Bush administration early Sunday morning on a compromise financial bailout bill that is less sweeping than the original proposal crafted by Treasury Secretary Henry M. Paulson, and includes more oversight, accountability and taxpayer protections. Congressional staff members worked through the night to draft a bill that would be brought to the House floor for a vote on Monday. -Blogger News Network

When did America have a complete lapse of common sense? I mean, we all saw it coming. You know, when that old crow woman sued McDonald's over hot coffee she spilled in her lap citing, "She didn't know the coffee would be hot since there was no warning on the cup."

But now we are making giant strides towards finalizing the NAU by converting America to full blown Socialism. Government ownership of corporations is an ideal based in communism. The government tells you what your profit will be, what wage to pay what worker, and a ton of other rules and regulations they decide on. The opposite of Capitalism.

It no longer appears that America is clueless, rather, it would seem the mass unwashed are now embracing this idea of shedding all personal responsibility not realizing their future is painted with the colors of Red China. People quickly forget, "Not all that glitters is always Gold." Too true.

They will find, no doubt, that Universal Healthcare doesn't function as well as they had been told. In fact, it's worse than an HMO, as nuts as that sounds. Redistribution of wealth only leaves the poor poorer and government bureaucrats more powerful and corrupt.

As far as the bailout goes, let's face it. Everyone is afraid. This could be 1929 all over again. But it's possible that it could self correct over time, and re-stabilize. It also may be the only viable option if we wish to preserve freedom.