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No More Bailouts!
As of August 2009, Congress and the Federal Reserve had already committed and spent more than $15 trillion on the bailout, which is more than the entire gross domestic product. It could have paid off every consumer loan in the United States with money to spare. How we’ll repay that money is a mystery, let alone how we’ll service the debt. The only thing we’ve stimulated is debt while encouraging the most reckless of lending practices. Despite the obvious, there has been talk of another bailout or stimulus package. Unfortunately, Congress has a penchant for pursuing approaches that repeatedly fail to work. The problem is that we wait until Congress is openly considering such approaches. We need to make it clear that such approaches are unacceptable before serious discussion is under way.   
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