By Chris Chalfant

Yes, the people who caused this financial are the ones that need to step up to the plate on this one. If this $700 billion dollar bailout goes through, there is no guarantee that those on Main Street or those sleeping on Main Street because they no longer have a home will benefit. Yes, the country is in trouble, and Wall Street does need help to keep this problem from spiraling out of control, but $700 billion dollars is a lot of money, and the American People have the right to demand that this plan is laid out in a way that protects the taxpayer and the home owner and the small business owner and the self-employed, not just those who created this travesty in the first place.

 

 
 
 
Warren Buffet

I was impressed by Warren Buffet’s generous contribution to Goldman Sachs this week. It seems that this is the time for other billionaires to step up to the plate to offer their emergency assistance in a time of need. As the Republicans say “Country First.” Well this act of generosity would most certainly be putting country first, and would ultimately also be putting the donors first as well with the profits they will make from any recent purchases in the past week while the market was low, as it will undoubtedly boost the confidence of the people and the stock market.

 
 
 
If the top 100 billionaires would each donate five billion dollars to Wall Street before tomorrow night’s debate our country would be $500 billion dollars richer and tax payers would not be saddled with an unnecessary burden. Senator McCain and Senator Obama could go on with their debate, investors could continue making their money on an already strong upswing in the stock market, and the lawmakers could rest up over the weekend for the continuation of debates and decisions based on rational thinking rather than panic infused by President Bush, Mr. Paulson and Senator McCain. The country needs the leaders and potential leaders to exhibit confidence, not panic in the middle of this fallout, and this simple act of generosity by 100 of our most wealthy contributors of society could be handled in plenty of time for a Presidential debate and the opening of Wall Street on Monday.