Science Forums 2

[Chiantiglace]

There are a few things the government could be doing to solve all of this, but for some reason they seem to be blind to it, why all the bickering and just make the right choice.

Soft paternalism all around will fix things, unfortunately it won't be a quick fix that everyone is pleading for.

Why not find a way to have other companies invest their money into the mortgage system. Large companies like google, microsoft, etc. that can build programs to buy up bad mortgages and foreclosures. That way by separating out the tasks it is itself another free market. Once the credit system is fixed the houses can then be bought back slowly with interest of course. The government could easily give tax breaks to these companies for picking up the slack, like a right off for charity.

Give people wit money incentive to fix the situation. Right now there is no trust, especially in the government so you can't rely on any private party to pick up some slack, they all think they are going to get murdered by taxes, and with a democrat majority the larger companies will be getting hit pretty hard.

And why are we bailing out the auto-industry. They have been making poor research choices for decades now? Didn't everyone see this coming already? I grew up in North Carolina where 15-20 years ago everyone either had a ford, chevy or dodge and they all had their family pride in their trucks. Now when I visit all I see is toyota and nissan. Thats how a free market works, these companies made poor choices and are suffering the consequences, its not our job to hold them up. If we wanted to hold them up we would continue buying their piece of shit vehicles. Why should we pay more taxes because they didn't want to create energy efficient vehicles. Let me just say there is no saving these companies if they are going to fail without the bailout. All the bailout will do is prolong their collapse and at our expense. In the long run it will end up costing far more jobs then it will save because of so many small businesses laying off people because they can't pay their bills.

This is why Jefferson thought government should be continuously overthrown, how do we do that now?