MrsObvious's Blog

I wonder what our highly esteemed, elected officials will do today when it comes time for a 'vote' on the financial rescue plan. I can't help but wonder if they are voting what is truly in their hearts, or are they pandering to their constituents to sustain their electability.

One of the radio pundits yesterday announced that few Americans trust their government any longer. I have to agree. We find ourselves being cheated, pushed around, taxed to death with increasing loss of independence and personal responsibility. I must admit, that I feel we wouldn't be in the mess we're in now if credit standards had been kept where they were. I also understand that the more financially challenged should be given a hand up as well. But, when it comes to credit you either have to be able to pay it back or not. There shouldn't have been any of this monkey business with customized loans, ARMs, and the sense of entitlement that was pushed into the American consciousness. Credit calls for personal responsibility, and if that had been stressed rather than 'you're entitled to a house just as nice as your neighbor even though you can't afford it.' I truly feel we wouldn't be awaiting this 'rescue plan vote'.

Due to the negligence of the financial industry and their greed and avarice about making money off those who truly couldn't afford to spend it, the rest of us are digging even deeper to help them out of their self induced mess. I don't know what the answer is. Maybe we should just allow the credit flow to dry up and force ourselves to be more resilient and self reliant. But, I fear it would cause thousands of jobs to be lost. I don't feel we have a choice in this matter. I think it's a huge step in the wrong direction. I think we're becoming a socialist nation with this latest fiasco of mismanagement, unbridled greed, no regulatory oversight, and forced dependence on the government to 'fix' the problem.

The social lines are being drawn between the 'workers' and the 'leaders'.  The 'haves' and the 'have nots'. I think this country is facing a scary future if we don't do something about it.