There has to be a way for citizens to "just say no" to this bailout. There has to be another answer than just a panic-driven $700 billion government takeover of the mortgage business. I've been told by various people that there is little that individuals can do but watch. I refuse to believe that. Call your Representative. Call your Senator. Email the White House. Tell them to go back to the drawing board and think of something else. If they were thinking like small-government types to begin with, they would have sought smaller, private-sector solutions from the get-go. If forced to it, I still believe that they can.
I wrote about some of the individual issues last night. While I accept the Bush administration's explanations for the current flash of instability, I don't accept their solution. I'm still convinced that there has to be another answer, or set of answers, that would allow the market to correct itself without socializing our economy. Wall Street claims to have the brightest capitalists and money people in the world. Certainly they have some ideas. The markets have been mixed in response to the bailout, perhaps because the traders have misgivings about socialism. Good. Let them come up with some solutions, not just the lawyers.
And why can't people calm down and try to think of a solution, or give the government time to think of a solution? Is it because thinking isn't sexy, not immediate enough? No doubt there are already people calling congressional offices and the White House switchboard and demanding that Washington DO SOMETHING. Well, then it falls to those of us who don't want to spend $700 billion with a damn good reason to be equally demanding and say (to quote Serenity), "If you can't do something smart, do something right."