Capitalism has a way of fixing itself over time if the Politicians, Union thugs, and entitlment junkies will just leave it alone.  We'll see it do that once again if the bailout wave can stop.  Here's my take on some of the bigger problems:

1. Banks- the Banks have become a protected monopoly from failing by the bailout.  They should be allowed to fail so that the smarter ones and better ones get to survive and the others don't.  the Bailout encourages continuous non workable risk managment policies because there's always the option of another bailout.  As a group, the banks are staffed at the top by synchophants and hangers on.  In the middle, it's just a few branch managers and tellers trying to make it to Friday.  At the bottom, it's greeters and magazine straightners in the new "High Tech_High touch" lobby.

2. Autos-  All we did was make Christmas less miserable for Detroit with the short term loan.  These guys will not have a plan by March of 2012.  My vote:  Let Chrysler and Ford Fail.  If GM can pull it out, so be it.  If not, make Detroit a bigger graft and courruption theme park.  You'v got deer in the streets up there and Mayors in Jail for chasing secretaries and lying to Federalies..  the only place that is a worse example of the African american Leadership would be Zimbabwe. Detroit looks like Ruwanda when the bailout money runs out.

3. Housing:  don't bail out the builders so they can build more.  Write down the loans and make the would be bailout money available to people to stay in their existing homes.    The building industry doesn't need bailed out   the homeowners who bought their crooked schmes do.

4.  Start putting  Banking and securities and RegulatorPeople in Jail-  Executives at Countrywide, Merrilll, and other Wall Street Firms have some relly dirty laundry underneath those executive jet slipcovers. If I had organized a capital raising scheme in my business the way the "smart' money did on Wall Street, I would be in a Bolivian Prison for 30 years with a guy named Juan as my girlfriend.

5.  Make the Regulators pay back those they didn't protect.  Chris Cox and Mary Shapiro's organizations Should be financially liable for the Madoff s scheme and for failure to monitor them properly.  The Problem with both the SEC and FINRA is that they have no liability for not doing their job.  If they fail at their job  they just get to reorganize down the road.  Governmental immunity is fine for undercover drug cops and intelligence agents but Chris and Mary couldn't find a scam if it were delivered to them via e-mail.   How could Bernie Madoff run Billions of dollars and only represent tht he had 25 clients. If Mary and Chris had been focusing on the subprime stuff and Bernie instead of Annuity salesmen and font size we'd all be better off.

6. Understand  that government safety nets, entitlements, and protection are Over.  Let the government build highways, landing strips, and protect us from the Scientologists but please don't let them run social programs..  Blacks, whites, Indians, Asians, spotted Owls, and the beige striped desert pig along with college professors are all going to have to learn that you have to create value to get paid in the world.  It's interesting that over 330K people have applied for jobs in Barack's new Redistribution Welfare State.  If 1% of those people applied for entrpreneurial grants I'd feel better about the future.

7. Get rid of Credit Scores and go to Balance sheet Lending:  the FICO scoring system was designed to legitimize non lending to minority communities. It keeps people without w-2's, of color, and no checking accounts in a debtor's prison with no way out.  Banking is to money what the Master's is to Golf:  Let's just keep the blacks serving Mint Julips and the women driving the carts.  What's ironic about this moronic system is that it was designed to test the financial viability of potential borrowers by banks who have mismanaged their own enterprises..   When this is all said and done you will see that the biggest abusers of credit were the banks themselves.  Just like the biggest thieves on Wall Street were in the upper floor offices, the biggest thieves in the banks are in the Credit Card Department.

8. Quit trying to Fix HealthCare and just Reinvent i:t.  Create a healthcare system which waives the right to sue if you choose to.  Create a menu driven choice bar that allows  you to know the outcome from your choices based on economics and desire.  My current cancer medicine has a 10K deductible attached to it.  No one has even mentioned anothe alternative other than the nutworld Ground Plankton Penis and Oil of Dandolin routes.  Tell me that the only drug available for my cancer is 10K and there are no other options.  Let's put euthaasia back on the table as on option for dying miseeably and broke at the same time.  Keep the Religious Right and the Mortuary Services industry out of the opinion polls.  Let Wal-Mart run it.  I have more faith in Lee Scott than  tom Daschle.

9.  Take every option and create opportunity to take back your own life.  Revolt against higher property taxes, quit paying for public schools that have metal detectors and armed policemen at ball games.  Make children show up and make them stay after school if they don't do the work.  Or, let them drop out and by doing so, they waive a lifetime right to welfare support.  buy a Public School in your neighborhood and take it Private.

10. Be Accountable, Resonsible, and Contributory to your life, community and family.  Soldier Up, show up, and own up to your life and what you want from it.

In the end, it's all pretty simple:  We've built an entire economy on increased consumption assumptions with no thought for saturation points.  We have too much capacity, too many choices, too many products, and not enough margin to make most of them work because they weren't thought out that well to begin with.  We can't support all the programs in their current form, State or Federal, there will be huge pain as we adjust, and nothing will get better until we realize that we have finally come to the end of the road of Big government, big Corporations, and lifetime guarantees of anything.  They were all great ideas at one time, based on certain facts and circumstances but they certainly don't hold up now.  Let's stop complaining and just adjust and move on.

THE WORLD IS NOT OVER.  IT'S JUST GOING TO BE A LITTLE DIFFERENT FOR A WHILE.  AND IT WILL BE A GOOD DIFFERENCE.

Here's the way I see the world:  It's from the Navy SEAL Indoc Program:  "the only easy day was yesterday and it pays to be a winner.

And oh by the way, stop the whining.