Reply #2: Yes...if I've found my original position is wrong!

[bluebellbaby]

It takes a "big person" to admit..."I made a mistake"...

I don't understand how Geitner's appointment is wrong though...???

If President Obama had "nationalized" the banks...we really would be in a worse "economic crisis"...nobody would have any faith in our system ever again...

And with all the money being given to the banks and then they pay out bonuses...this is crazy...I agree...

Making money available for loans won't change the fundamental problems with our current society and economy...

We need industries that make things again...we used to make everything ourselves...from toasters to furniture to pillows...


We don't make anything anymore...so giving loans just so that Americans can buy more products from foreign nations won't help us...

It will only continue the downward spiral of our system...or temporarily put off that "day of reckoning".

We need to get back to work...making stuff...

The only hope I see so far are industries in new "green products"...we could start there...