>>>>>http://www.nytimes.com/2008/10/02/education/02college.html?_r=3&ref=us&oref=slogin&oref=slogin&oref=slogin
>>>>>
>>>>>(I don't know how this ended up in entertainment - sorry for that)
>>>>
>>>>It's not very entertaining, is it?
>>>>
>>>>Just one example of how worried everyone is about their savings and investments. Individuals, businesses, institutions, they're all worried. I'm surprised it wasn't a bigger topic in the debate last night. There was a question about what things they might have to back off from due to the financial crisis. Biden answered partially, saying foreign aid and a couple of other things. Palin really didn't answer it at all. I didn't watch the first McCain-Obama debate last Friday but read that they both ducked the question, too. This is the #1 worry of Americans right now and I wish they would answer it honestly. Yeah, I know, I'm a utopian ;-)
>>>
>>>Could you provide the honest answer on your own?
>>
>>If I were running for President, yes, I could and would. If you're asking for my personal opinion, I would propose an across the board budget cut. No one would like that, of course, and it's certainly no way to get elected in this country. A lot of us really do vote like children. Candy for dinner, ice cream for dessert.
>
>Why not let the banks go bust and inject money at the bottom. Like the New deal under Roosevelt. The banks go the wall and the working population stay employed and their income dribbles up.

That took an awfully long time to work, though. It took Pearl Harbor to get America back on its feet economically, and that was 10 years later. We can't just let all these banks fail, or continue in such straits that no one can get a loan. That is a sure recipe for the deepest recession any of us have known in our lifetimes.