Below is a link to a video done by Fred Thompson, ex-presidential candidate. Watch it to the end and you'll gain a better understanding of where our nation is headed if we continue our current borrow and give-away fiscal policy. This was forwarded to me from my conservative friend Mike Zimmer, we have found something that agree on.
I've been a small business man for over 20 years, I've had to go to the bank and borrow money on numerous occasions; sometimes to grow my business and sometimes to keep my business afloat through hard times. On all occasions the banker asked me and Nita to co-sign the loan. In other words put everything that we had accumulated up to secure the loan.
Why aren't we, the taxpayers, demanding that the senior management team of Ford, GM, Chrysler, AIG, Citi Group, American Express, Bank of America and the many others put their estates on the line to save their companies? If they are not willing to risk their assets why should we be willing to mortgage our children's and grandchildren futures to bail them out? Put UP of Close Down!
Fred on the Economy:
http://blip.tv/file/1528079
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