Monday, September 22, 2008

Billions for bankers but nothing for Social Security?

Why for how come we couldn't have our congress pass a resolution to pump billions of dollars into Social Security? If they are going to be rescuing a bunch of private financial, insurance and investment companies for the sake of the almighty dollar, what good is it if you have to eat cat food once you reach retirement age?

Our priorities must be the financial market. I read that the amount of money they plan on throwing at the current financial "crisis" would provide health care for every man, woman and child in the U.S. for six months.

Free markets require a correction now and then. It feels like they keep propping up the value of the dollar when they should let it find equilibrium within the global economy. By hiding the true relationship of our dollar with the rest of the world's currencies, we are deluding ourselves and extending the time it takes for the house of cards to come crumbling down.

I was appalled that the markets actually took a 400 point jump at the close of last week's trading.

What are these people smoking?

1 comment:

Matthew Parrish said...

Hey Keith...
I enjoy your posts and film work.

The name is Parrish. I am a media instructor @ Missouri State University in Springfield, Missouri.

Do you care if I strike up a Keith Coogan Fan Club on Facebook?

Nice to see you are keeping it real.