Wednesday, February 25, 2009

My Experience/ Perspective with the Current Economic Climate

Though the Current Economic Climate hasn't really affected me. I don't have an experience and hope that I won't ever have one. However I do have an opinion. I believe that the Economic Crisis can not become anything worse then it is now because the minute that happens there will be a full blown Depression possibly more worse than the one in1929 when the Stock Market Crashed. I believe the Government should be more aggressive with people like Madoff who stole money and it was 67 Billion Dollars. And he isn't willing to talk to protect his investors most likely to protect his family. Though beating a man up to tell you the truth is illegal, I think in this kind of case where literally all that money would refund the government the money they gave the banks would go back into the funds only have the Government bank have less debt and possibly save our Economy. By giving everyone a check for a substantial amount of money. I understand where a Republican could say why are we paying so much money, is it worth it? Well since they weren’t do their job making sure people weren’t messing around with the money and doing the job the right way, we probably wouldn‘t be in this position. They only thing where I am afraid if my mom lost her job because if she doesn’t work then we would lose everything. And to even think that’s a remote possibility is really scary and somewhat stressful.

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