Months To Come!

Today the Federal Reserve Chairman Ben Bernanke said that the economy is suffering through a “severe contraction.” He also stated that he would do everything that he could to bring the country back. He also feels that the Fed and the Obama people need to work together to make things work again. Chairman Ben Bernanke feels that fixing the banking system is the way to go, like most other people including myself. I think the U.S. Government should let all these big banks and insurance companies like AIG fail. We need to stop handing them money and let them go into bankruptcy. After they file for chapter 11 the U.S. Government can come in and take over the businesses, but only to break them up and sell them off. This way the Government won’t run them, we can get new management in there and start with a clean slate. And this way the only one’s that get hurt are the shareholders, which after all they invested in that company, they took the risk not the American people. Why should we pay anymore money for the risk these shareholders took. Hey President Obama, what’s wrong with doing this way? To me and most other people out there this way seems the easiest, after all it’s going to end this way, so stop wasting money people and smarten up.