As GreenTheo recently posted, this bail out plan is a mess, and if you hadn’t heard, it’s not $700 billion. It is a blank check for the Federal Reserve to do with what they want. It could be trillions when they are done. Now I am not a big New World Order Conspiracy believer, but this sounds like a story straight out of a book about the NWO. This needs to be stopped. It seams the way to fix a problem to a bunch of bad debt, is not to add more debt to pay to fix it. We need to stop the dept madness in our personal finances, in our churches, in our businesses, and in our government. It will catch up to us sooner or later.

Dave Ramsey had a guest on his TV show Recently that talked about what is really happening, and what we can do to change it. You can find those videos here and here. Basically, one of the regulations in the law that was written in response to the Enron problem (Sarbanes Oxley) is causing much of the problems.This economist and Dave both feel that we can fix this problem without the government buying almost a trillion dollars in bad mortgages and printing new money to do it (thereby increasing inflation). If we relax that rule temporarily, it will free up the market and keep us from having to buy all those loans. Dave also has a great explanation on his website here.

Either way, the government needs to here what you think. I have contacted mine and I encourage you to email, call, fax, carrier pigeon, or morse code them your thoughts on the situation. You can find the contact information for your representatives here:
Your Congressmen
Your Senators
The senate committee in charge of this issue

P.S. I also saw this interesting video on youtube. Not sure how much stock to put in it. Hard to tell, but interesting and scary. Contact your representatives and tell them what you think.