Monday, January 26, 2009

Sheriff of Nottingham

Yahoo News reported Sunday that House Speaker Nancy Pelosi says she is open to additional government rescue money for banks and financial institutions. But she is demanding that taxpayers get an ownership stake in return.
The Sheriff’s of Nottingham are at it again, stealing from the poor and giving to the rich. They have already given $350 billion to the banks with no accountability. Now they have another $350 billion in hand wanting to give more to the banks.
The last thing this country needs is the government giving money to the banks and using it as an excuse to nationalize the banking system. What needs to be done is let the banks and financial institutions fail and have responsible and honest businessmen or women buy them.
The banks and financial institutions that are in trouble have already proven they are incapable of managing themselves. Why pour more money into a sinking ship.
It does not take a brain surgeon or a math major to figure this out.
I see it clearly the government does not want to do what is right. They want to do what is convenient. Until next time.
Norm

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