Oppose Treasury Bailout Plan

Mine is not a political blog.  I have political views, but I try to keep them out of my writing here, because they aren’t relevant to my readers.  This is a rare point where the two worlds collide, and I have to take a political stand.

Let me state this plainly at the beginning of my piece, so that you know where I am going: I am asking all of my readers, and all of the financial bloggers that read me to call their Congressmen, and ask them to oppose the Bailout Plan as currently structured.  I am also asking the financial bloggers to ask their readers to do the same thing.

I don’t do things like this often, so understand that I think that this bailout plan is very ill-conceived.  I also think that opposing the bailout should appeal to all, regardless of party affiliation.

Okay, now let me explain why, and propose an alternative.  Some links to begin:

Read the rest of the article here.