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This year we’ve seen the government try to make up for policies and practices used by greedy lenders and firms that have made poor decisions by throwing money at it, passing bits and pieces of legislation, and even giving a “stimulus” to U.S. tax payers…

But has the government overcompensated for the lax regulation of the past? Just as when you run off the road and attempt to right yourself, maybe instead of helping right the economy, it has started a crash…flipping several times along the way.

I believe that throwing money at the situation won’t make it go away, and giving firms like the Big 3 and already corrupt financial institution billions of dollars with out real consequence just sets us up for a bigger problem down the road.

Jeremy

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