By no means do I take these forums to heart,  I enjoy the debate and agree 100% that these blogs allow us to become better informed about issues that will hopefully lead to "change" for the better in our society.  What concerns me about both McHugh and Oot as well as many other member of congress and the senate is the fact that they truly do not understand our markets, especially when it comes to printing out more money.

When the government needs money, they create "paper" treasury bonds and sell these to The Federal Reserve, the fed then prints paper money and sends it to the govt all done electronically. Our govt agrees to payback this "loan. This loan cycle can go on forever. The understanding of how our money is created is wrong.  Every time more money is printed we have inflation.  How can we stop inflation with inflation? 

There has been a 96% deflation in our dollar since 1913. If everyone paid off their debts including our government not one dollar would be in circulation and the last time our national debt was paid off was in 1835 when Andrew Jackson shut down the central bank.

Printing more money creating more inflation just doesn't seem like the correct long term solution to our countries financial woes.  I feel that both "bail out" bills should not have been passed because no one is looking for the real root of our problems.