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January 13, 2009
Accountability of the People:

The biggest problem on the back end is there is NO accountability. Some level of a bailout is a necessity to keep the train running, but the most important thing going forward is to lay out the system where accountability is the cornerstone for everyone. If you choose to live beyond your means, then you are held accountable. If you choose to make bad loans; you are held accountable. If you make bad decisions on any level; you are held accountable. The Government’s job is not to protect stupid, but to create an environment of accountability.