Yes, it would appear too many what happening in the world today seems like a cataclysmic catastrophe of events when it comes to the economy. Frankly, there is plenty of blame to go round. What was created economically by those responsible was simply running a freight train down hill, seeing the end of the line, and saying the heck with applying the brakes.

Those whom handled the investment chores for our financial institutions and were supposed to act responsibly and principally clearly chose to ignore the peril that would surely would evolve into the economic situation we know face. Those responsible painted a portrait of American Dream in curbside chalk, creating an image that even those whom couldn’t afford now seem possible. After they found the consumer to buy the image, they packaged these portraits and sent it off to Wall Street to sell on the open market. The money flowed; full well knowing the dark clouds building on the horizon would eventually bring the rain wash all those beautifully packaged American dreams away. Those clouds have now brought the rain.

Now it has come down to the Bailout/Rescue bill and its implications, and now we have moved past the point of being philosophical about its meaning, it really needs to pass. When it comes to the 700 Billion dollar bailout, I personally don’t agree philosophical nature of commitment put on the taxpayer. However, I also feel taxes won’t matter much to a taxpayer whom doesn’t see a paycheck at the end of a week. Clearly, as the continued erosion of the market takes place, this is truly what is next on the horizon for many Americans if this situation remains unabated.

The rescue bill by all mean is not a cure all to the situation, because the highs and lows over the last decade are part of a new prevailing investment pattern, as a matter of fact, it continues to be a widespread ideal that has taken shape, which I will leave for discussion on another day.

Today, spectacle has become the weapon of choice in policy making. Frankly, in my opinion nearly everyone on the floor of the House knew that this bill needed to pass. However, it appears the theater of it all was a bit to tempting to let the bill quickly on to pass on to the Senate. There was too much limelight to be had by some. I have every expectation that the bill will pass, but we just need to patient in letting the drama play out.

The dust will settle on this situation, and when its resolves itself, which it will, if we don’t start taking careful measures to avert the nature of what has taken place on Wall St. it will compromise the future of generations to come. To a significant degree, we have begun to take significant steps in compromising it already. The real question when the dust does settle will not be of a financial one, but a philosophical one. In moving forward the passing of this bill needs to begin the process of righting this ship. At the very least allow enough stability to address the more intricate imbalances of our markets.

It’s time to pass the Bailout Bill.