Regarding the economic recovery.

During the Savings/Loan fiasco of the late eighties into the early ninties. A resoution Trust Cooperation was formed to take troubled assets off the books of banks that were worried about their capital exposure, much the same as in our current troubled banking institutions today.

These troubled assets were managed by the trust and sold later in time when the banking industry stabalized which only cost the government in the end roughly 100 billion dollars. Currently we just threw away 350 billion in round one of more rounds to come and yet no troubled assets have been purchased from a single bank.

There are many long standing elected politicians who were around back when the Savings/loan rescue took place yet their memories have failed them, and thus will fail us. The proposed stimulus plan being debated will do nothing to create jobs in the private sector or bring confidence back to the market place.