I just feel like writing what many of us have heard, read, and seen: Government intervention is not the solution to the current economic crisis. Bailouts Schmailouts!! Businesses have to fail in order to succeed. Now compare what we have heard from our new president, Barack Obama, and what Bush did, to what Ronald Reagan said in his first inaugural speech 28 years ago. Remember that Reagan also face a major economic crisis and the Cold War.
If you have a couple of minutes it is WELL WORTH YOUR TIME to watch this(you can fast forward to the speech):
If you want the whole thing here are Sections 2 and 3.
Now, read this good article written the day before Obama's inaugural speech.
The cool thing is that Reagan lived up to what he said and helped pull us out of the crisis, that is, without using BIG government as the solution.
