Logic

Before the government can give you something it has to take it away from you or someone else first. This bail out plan has to be funded from somewhere, it is not magic money. We're all going to have to pay for it. The 700 billion dollar package is going to be bad for our money supply and you will see your purchasing power weaken. The bad debt is basically assets that were bought at one price and are no longer valued at those prices. People defaulted on the their loans and the bank has taken a hit on the loans to these overvalued properties. It makes no sense for the government to hold on to these assets, what are they going to do with them? Hold and sell them when prices come back up? They're definantly not going to come back up to the prices we have seen in 04 and 05. We just have to face the facts. Ron Paul is like the wiseman that nobody listens to because he does not tell them what they want to hear, instead he only tells them what they need to hear. How childish is that? Have greater strength and responsibility in yourself. I know that's hard but it will be good for us in the long run.