CNN iReport

I sat down the other night and recorded some thoughts (mine) on the proposed bailout of the financial services and related industries. By the time I was done, I had about an hour of tape, which I compressed into the much truncated clip. My own opinion, that after the dust settles, the problems will be alleviated...but only temporarily. Ultimately, someone, each of us, will have to pay the tab...and our account is already extended...which means we have to use the Fed equivalent of the credit card...Federal Treasury obligations (in other words we have to borrow). Will we truly learn any lessons, if there is no accountability? Probably not. The lessons in which I have personally learned the most are the ones that caused the most pain. I assume this is true for most of the human race, and most Americans. And the one thing that bothers me about all this, is that the American people, have very little to no say. The speed at which this process is happening, allows for very little public scrutiny, very little time for evaluation, very little time for debate and comment. Which may be by design, or of necessity, or both. In any event, my commentary is just that... a simple opinion, a perspective, thoughts of one person...one that believes it is time to let the sickness of the financial institutions play out into failure or ultimate demise. Is this the right solution? Who truly knows, only time will tell us that.