Melissa Jones

I agree that something has to be done to boost confidence in the economy and stop more bank failures. I don't agree that it will take 700 billion dollars to do it. Instead, Dave Ramsey's plan sounds like a winner.

Basically:
1. Insure the sub-prime loans, only 7% of which are in foreclosure, rather than just buying them all.
2. Make it easier to sell or pay off a home, by eliminating prepayement penalties and taxes on their sale.
3. Eliminate Cap Gains tax altogether. This doesn't just benefit the rich, it stimulates the economy, which is good for everyone, and will benefit the stock market (and everyone who has retirement and other funds tied up in it).

At a pricetag of $50 million, it's a whole lot better than the tax hikes that will be required to fund the 700 Billion bailout. How can the government keep social security secure when it's throwing gobs of money at problems that don't require so much, or problems that weren't real problems at all?

Check out daveramsey.com (I didn't want to cut and paste the whole plan), and if you agree, send his plan to your senators and representatives today!

There are so many in the press that are fear-mongering, and the politicians are all blaming each other, rather than accepting any responsibility and looking for real solutions. Both sides have made significant mistakes that led up to this.

That's all got to change. Start voicing your opinions, accept that it is serious but solvable, and start voting some of these clowns out of office.