If the bailout doesn’t happen, I will probably lose money. However, I am still not in favor of the proposed bailout. Why? Because I would rather lose money over the next 3 or 4 years in order to keep my country strong over the next 10 to 50. The last time we heard this much talk about the bad things that would happen if we did nothing, we went to war in Iraq. It now seems that the “bad stuff” that was suppose to happen if we didn’t go to war was overrated and based on faulty information. My guess is that this is happening again.
It seems to me that the long term damage from a bailout is likely to be worse than the shorter term damage (if any) of not passing the bailout. But what do you think? Are you for the bailout or against it?
Either way, I’d encourage you to let your representative know how you feel. My representative said she was blown away by how many people were contacting here about this. She wasn’t use to getting this many personal messages on any topic.