As a matter of fact, we do, Alyce! We call it the "fail and responsibility" plan.
First, we have to diagnose the problem.
This part is easy. The fault belongs to: EVERYBODY! Well, not us here
at Team Rockwood, because we're fiscally responsible. But everybody
else. The banks are at fault for pressuring people into loans they
couldn't afford. The people are at fault for shunning good financial
advice so they could buy houses (or TVs or cars) that were over their
budgets. The government is at fault for pressuring banks into lending
money to people the banks ordinarily would not have. See a pattern
here? In all of these cases, one party thought that another party would
pick up the slack for their financial irresponsibility.
So here's where the "responsibility" part
of our plan comes in. Everyone is responsible for themselves. People
can't blame the banks. Banks can't blame the people. The government
can't tell either of them who can or can't get loans.
And the "fail?" Well, mismanaged
banks that make sub-prime loans to people who can't afford them will
be allowed to fail. People who take out adjustable rate mortgages when
the rate can only go up will be allowed to go broke. The government,
again, will keep their noses out of it and allow both to happen.
The best part of our plan is that it's about
$800 billion cheaper than the current administration's plan. That's
a pretty significant savings. Also, because the
economy will most likely recover on its own, it's just as likely
to work.
So, "fail and responsibility" restores
the economy to a self-supporting system as it should be, as opposed
to a semi-socialist state where everything is run from a centralized
government. And in the process, it reduces the deficit, making America
even stronger. Great plan, eh? Maybe we should have run
for president! Nahhhh...
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