Commentary: America can't go cold turkey on credit

Right now one of the United States big concern today would be over our financial situation. U.S. Rep. Jim Marshall, a Democrat serving his third term in Congress, talks about how he is willing to give up his position to pass the bailout plan. Saying he understands what's at stake and hopes to be part of reforming our financial system so that there won't be problems like this again. His career helps individuals and institutions get out of financial trouble and make sure that they don't drag all of us down with them. He says, "Although the bill was imperfect and wildly unpopular, I believed that those of us in Congress needed to suck it up, vote for it and let the chips fall where they may". I wouldn't agree with his wording because it seems really rude and everyone has the right to their own opinion on this matter. The government has made a huge impact on this mess and if there were to be any actions, it should be eliminated with the conditions that created this situation. After the plan has failed he, Jim Marshall, talks about how he hopes that there will be another way to improve the plan and still be able to act on this situation in time to save our financial future. Some of his strong preferences is to focus less on acquiring mortgage-backed securities and more on the effort to minimize such things like foreclosures and home vacancies that drive down our property values. Jim knows there will be lots of hard work ahead but he wants to be apart of it making sure that this doesn't happen again. I agree with the fact that something should be done but the bailout plan isn't the way to go knowing that it can lead to a dramatic event like the great depression. To sum it all up this article was defiantly worth reading and you should check it out yourself from CNN.