Panicked Yet?

2 Comments

  • Deanne - 16 years ago

    Yes and no, During the last two weeks our government were focused on bailing out or rescuing wall street while a law of 26 years came up for vote and dropped. 26 years there has been a ban on any new offshore drilling now it has expired and oil companies can do what they want since our government were more concerned about cleaning up their mess they allowed with Deregulation on banks and investment companies. My only concern for the rescue plan is that it doesn't bring criminal charges to those who commited fraud in lending, predatory lending to be exact. It doesn't strip and remove those in charge of banks, lending firms and insvestment companies fining them their pay and putting them in jail. Instead it is going to hurt the taxpayer even more than letting those banks go under. I am only happy that it will lift the credit freeze because business rely on it for payroll and even more taxpayers would loose jobs if it hadn't! I am sad that during this crisis more focus was not put on the fact that sustainable jobs, sustainable energy and regulation on the financial district would put the US Economy strong and independent from borrowing from foreign investors and foreign oil! Its amazing how quickly our government can come up with money for the wealthy but no money for health care and green economy and green jobs!

  • kirsten Flynn - 16 years ago

    Hello, consumption is the major problem, any thing that lessens consumption is good. Perhaps we will take a moment and realize that things have not made us happy, but in fact forced us to buy big houses to hold them, and work harder to buy and maintain them. Perhaps it it time to see if perhaps: working at a job that we can be proud of, developing and spending time on relationships with family, friends and neighborhood, and following a hobby we love could make us happy. What a concept.

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