Bailing on the Bailout

David has an interesting post up about the recently defeated “Bailout Bill.” There are some interesting takes. Charlie gave me a copy of a Time article which basically asserted that the Gordon Gecko comment was/has been the Wall Street philosophy. When it comes home to roost it is another matter. I am left wondering what is lost if we get back to real values? I really like the logic that suggests we need to pay the CEO’s large sums in these bailout moves because we need these sharp people. That’s right, we need to reward those leading companies making bad decisions leading us to this crisis. I sure could not get by on that kind of thinking. Sure hope we avoid that one. As a potential share holder in those companies to be bailed out under any new bill, I want to vote. I will not give my proxy to Congress.

About the Author
Husband to Patty. Daddy to Kimberly and Tommie. Grandpa Doc to Cohen, Max, Fox, and Marlee. Pastor to Snow Hill Baptist Church. Graduate of Oklahoma Baptist University and Southwestern Baptist Theological Seminary. Reading. Photography. Golf. Colorado. Jeeping. Friend. The views and opinions expressed here are my own and should not be construed as representing the corporate views of the church I pastor.