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The Column - Politics and Tech Writings

9/24/2008 - Congress's failure to solve this problem

Congress and the Federal Reserve are going about this whole thing in the wrong way in my opinion.

Raising capital gains tax is the one thing they should be doing, but let's be honest here...they have a bunch of lobbyists who are going to benefit from this bail out and they will make money off it.

Congress is making the money off of our suffering as a free market. No wonder we're on a path to socialism in this country! This is the first step in that direction, what's next? We have to bail out GM and Ford? This is going to get messy as it keeps on going. 

 We can only sit back and watch the free market be taken away from us.





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