With TARP we had a similar amount of urgency to pass a bailout for the banks and it turns out that the banks irresponsibly used the money to pay themselves bonuses for running their companies into the ground.

See what happens when government messes with the free markets? These companies were rewarded for their bad behavior.

As shameful as this activity was the government should have anticipated that Wall Street and the law of greed would need a check on it to make sure the bailout money was being spent in a worthwhile manner.

See what happens when we make decisions too quickly?

$789 billion is a lot of money to spend without much forethought and planning.

The goal of “creating or saving 3.5 million jobs” is worthy one, but exactly how is this going to be done?

Congress and President Obama have not satisfactorily explained how this bill is going to save and create jobs. Instead we are faced with inflammatory rhetoric saying that if we do not act now, we will be facing a catastrophe.

The whole idea behind our government is that drastic plans of actions need to be carefully scrutinized and not undertaken in a fear driven frenzy.

Dan Decker
http://www.weeklypoint.com