Bail Out Alternative

It is my opinion that the victims of our crisis is the homeowners who are struggling to make their home payments because our government has forced our good jobs out of our country. The government allowed energy prices to skyrocket at the same time. We have no idea if this 700 billion will save our economy it is a crap shoot. I guarantee if you paid 10,000 for me to go to school in 4 years i would be a newly trained worker able to make a living. 

The idea of giving the banks money because they sought after loans that were riskier than standard is not a good idea. They have to be accountable and we as American taxpayers are refusing to do so but our representitives are going forward without my support. 

I feel we need to move to an e-vote system so my vote counts. That is a diferent blog.

Even if large banks have the credit to offer people what will change. Will the peoples ability to pay loans increase. Will the cost of living go down making home loans less of a burden on homebuyers. Will energy prices go down allowing me to save more or pay more on my home mortgage. 

It seems to me it would be wise for a failing bank that has recently ridded itself of bad mortgages to be highly selective to who it will give loans. I would continue to say that the people that would then qualify for a loan do not need a loan. 

You know the last economic stimulus was in my mind spread to thin. With 700 billion and tighter restrictions on who gets the money we can make a difference in our economy that is much more tangible. We can set up wind mills coops. this will get low energy to Americans and it will give jobs to Americans. After the windmills are completed the people in the coop make or save the money not some rich guy or foreign country. 

We could give energy cards to homeowners making their homes more efficient. this will give the jobs of installing the equipment as well as freeing up money spent on energy to be spent on their mortgage or retirement.

We could give school grants. Lets retrain the millions of people who have lost their jobs and get them into industrys where the demand is high.

Lets renegotiate NAFTA we can not compete with the cheapest labor in the world. We need America to level the playing field as far as our labor. 

We need to give our over filled prison system a break and give our citizens another chance. We have good people who have been stuck in prisons for non violent drug offenses. These people have given up their freedom their right to vote and have been sticken of their ability to pursue happiness. Even felons who have never spent a day in jail. Who made 1 small mistake by being caught with  any controlled substance have been pushed into the margins where any and almost all good jobs are deemed out of their reach.

Anyway these are just a few ideas I have. It seems all of these ideas will have very tangible outcomes. This is the bill i believe Amricans want their government to institute. Not dumping money on top of Wal Street and hoping it makes it to Main Street.