This is my first attempt at blogging.  Recent economic events and certainly the current campaign cycle both have me a little upset and concerned.  Thus my thoughts that perhaps blogging would be an outlet for my angst. 

I am conservative and did not support McCain in the primaries.  I must disclose I lived in Arizona for 15 years and supported McCain for Senator and he maintained conservative positions at that time.  When he lost to Bush he seemed to abandon many of his conservative ideals; can you say McCain-Feingold.  However, since he is the most conservative candidate I now must support him.

That is not the real subject of this entry to my blog.  We (Congress) have passed this enormous bailout and not only does Wall Street tank but so do all of the other markets as well.  They had good intentions.  And right on schedule, when throwing money at the problem did not fix the problem, throw more money.  They now feel more will be required.  They need to study the government actions taken in the thirties to see where this is going.  But again, I digress.

While they attempt to fix a problem they created but now blame on someone else, they have done nothing about the root problem.  The Community Redevelopment Act is still lurking.  The government will continue to pressure lenders to make these loans.  We will have same song second verse before we can recover fully from this one.