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Old 02-18-2009, 06:48 PM
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Default I Can't Argue With Glen Beck's Concern...

...over the dramatic increase in the national debt. What's missing of couse, is any discussion of what alternative might exist. Becks says that this approach has never worked before. But, I don't think we've ever faced a financial crisis of this magnitude before either. Certainly he's not suggesting that we should do nothing and simply let the economy do it's thing, is he?

And I agree with Bucco. This whole situation is really scary. Scary because the debt we're running up won't be repaid for decades. And scary because our system of capitalism has failed us and now the only apparent way to address the financial problems is with massive government intervention. Intervention in a way that if anyone wants to be truthful about what's happening, it has to be called nationalizing various industries. We've started down a very slippery slope that will be hard to get back to the top from. Scary. There's no better word really.