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    'BLOG Entry...

    About:Bailing
    It:Just a few notes about the current financial bailout.
    • The bottom line for the cause of the financial mess is the fact that the very companies that wrote the bad paper can donate / lobby / give money to members of the government. Or, the member of government receives a high-paying lobbying job if s/he waits just a year.
    • It is physiologically and psychologically impossible for a member of government to properly regulate activities when the purveyor of those activities is donating / lobbying / giving money to that same member.
    • Any member of the government who took donations / valued lobby proceeds / gifts must return those items immediately or be prosecuted
    • Those that fixed the books must be prosecuted

    Will correction of these items be in the 2008 bailout plan?