woodsman's Diary

History repeats itself...again

who's money is it?

Posted by: woodsman

Tuesday, July 15, 2008 at 02:03PM

1 Comment

In the span of over 120 years similar issues continue to vex the peoples representatives elected to office. Witness the the current situation of government attempts/programs to provide/throw money at specific issues and compare this to the past. I think most agree that throwing money at a problem is not conducive to solving the problem itself.

This is not intended to be an unsympathetic view for those going through any terrible situation, but more a discussion on the limits of power those elected to office actually have.

By providing government bail-outs to every emergency does this solve anything, or does this just kick-the-can down the road for others to find a more permanent solution? Or, to get the issue past short-term memory?

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