Wednesday, September 24, 2008

Teddy Roosevelt, Debt Foregiveness and Second in Command

Dear Friends:

I have been overwhelmed by your replies concerning the current financial crisis. I was most touched by a good friend who shared a Teddy Roosevelt quote, "In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing." Good advice, no?

In reading the book "Outraged" this summer, I was struck by the number of people who lose their homes because they can't pay their mortgage due to medical bills. If we are not going to toss people out of their homes who took out mortgages they could never pay for in the first place, how we can foreclose on people who lose their homes for medical reasons? Seems to me that we should just forgive everyone's debt as of a certain date and start over in this country. I don't know if that is the right thing or the wrong thing but it is certainly something.

At the risk of ending on a political note. Please be aware that John McCain will not participate in the first presidential debate because he believes that he should be in Washington focused on our country's financial crisis. Barack is planning to attend the debate and has said that he will remain "available" in case anyone in Washington needs him. However, Barack will not be on the stage alone as McCain will send Palin to debate him because that's what Vice Presidents do when the President is otherwise unavailable.

No comments:

Post a Comment