1. Reading the WSJ these days is unsettling. What do you do when even banks are losing money? That's actually the one and only thing that banks are asked to do - not lose our money.
I personally say we let Fannie and Freddie fail. And let the banks fail too. Let the market correct itself, let predatory lenders feed on each other's diminishing reserves until they have to start lending with some semblance of standards, and for God's sake don't make taxpayers save these incompetent institutions.
2. NASA - why do we still have it? I just looked up the budget - $17 billion for 2009, add another billion a year for the next seven or so. What has NASA done for America ever? As far as I can tell, we won a pissing contest and some bragging rights against the USSR by getting to a worthless rock first, and we got velcro. Can't we at least pause NASA for about a decade?
3. Iraq - $10 billion a month cost should be the only justification we need for getting out.
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