$700,000,000,000 in debt? Is that the only way?

NO it’s not the only way to fix this problem.

First, there are a bunch of MBA’s on wall street that got greedy that caused this. We shouldn’t bail them out.

We could do something I heard about and it sounds reasonable.

It’s called the Mark-to-market law that was passed in Nov. 2007 to prevent things like Enron from happening again. Well, this law has the secondary market for the Sub prime mortgage bonds all plugged up. Nobody wants to buy them. So, the government is going to (if this bailout happens).

Instead, change the mark to market law for sub primes and the market will open up.. It won’t cost us anything to try that first.

Call your congressman and senators and let them know not to support the bail out and change this law.

For a much better explaination of what I’m trying to say go here and listen / read Dave Ramsey’s lesson on this. http://tinyurl.com/4ql3wj

This is bad times. But it doesn’t have to cost us $700,000,000,000 !

-Mike