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Politics : Politics for Pros- moderated
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To: KLP who wrote (289921)1/28/2009 8:49:25 PM
From: Bearcatbob2 Recommendations  Read Replies (1) of 793846
 
What I think is needed is for the government to put in place a basic human safety net for people and then let bankruptcy wash out the excesses in the system. Contracts need to be rewritten - including feather bedding work rules. Bad debt needs to be written off. What we are doing now is to try and revive a failed model. Unless the bad is removed and replaced with good it will only get worse. There is a huge amount of pain to be suffered in the transition.

Bob
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