Free advice

Here's a great article about our current financial mess. It's no wonder that Bush/Paulson wanted to shove this bailout through as rapidly as possible...it was never a good idea, it was just away to keep all the balls in the air a bit longer. They fueled the economy by building houses and selling them to people that could not afford them, now there is a gross oversupply of houses that no one can afford dragging down the entire economy.

Some people have been screaming that Congress should give that $700 billion to people to help pay mortgages that they can no longer afford (even if they never should have been able to get in the mortgage in the first place). This is no better than the Wall Street bailout, you're just throwing the money into a different bottomless hole.

Why not use that money for some modern version of Roosevelt's "New Deal"? Re-Form an organization like the WPA and use it the same way it was used in the 30's and 40's. With $700 billion dollars you could afford to pay every unemployed person in this country $25,000/year for the next three years....and put them back to work in some way. Pay these people to build enough wind farms, solar fields, hydro and geothermal plants to tell the rest of world where they can put their oil.

It may be regarded as Socialism but what would you call the Nationalisation of Financial Institutions? Not exactly the harbinger of Democracy.....