I have never been so hopeful that I'm wrong. I hope that my views that a bailout bill's undermining of fiscal discipline and exacerbating effect on the fundamental cause of our financial crisis will be proven a naive and ignorant viewpoint by history.
I hope that what started as an unprecedented 700 billion dollar devaluation of our currency that has bloated to 810 billion will introduce liquidity that will in fact reverse the decades of damage in mere months.
I hope that financial markets and individuals will somehow learn despite evidence to the contrary, that fiscal responsibility is a requirement in society as there will not be endless offsets to gross mismanagement.
And finally I deeply hope that by adding 110 Billion dollars of special interest give-aways for Rum, Racetracks, and Wooden Arrows, we do not teach our elected representatives that if you dig in your heels in the name of representing public will, the reward will be fantastic sums of cash for your project du-jour, public will be damned.
I truly hope that in ten years when total financial collapse was avoided, fiscal responsibility returns to Wall street, Main street, the Side streets and Pennsylvania avenue, I will have to accept for responsibility for my reckless, and irresponsible, viewpoints against the economic recovery act of 2008. I look forward to the apologies I will offer to those who were simply wiser than me. I cannot wait to admit how woefully wrong I was and thank those who truly saw the scale and scope this problem in ways I was clearly incapable of understanding. It is curious however that a bill that was not good enough, that was to expensive, has apparently become palatable with the adornment of 110 billion worth of lard. I hope that a body that finds a steady diet of pork so irresistible in the face of self described cardiac arrest will survive long enough to prove me wrong and accept that apology.
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