We are amidst turbulent economic times. Freddie Mac, Fannie Mae, Lehman Brothers, and AIG are just some of pests that have created mayhem on Wall Street. Ahmadinejad  in his address to the United Nations said that the American empire is coming to an end. But is it? These times call for caution, careful consideration, collaboration, and commitment, but America can make it through better and stronger if we stay true to our democratic principles. Currently, Congress is working on a bailout that would buy up bad mortgages, and leaders in Congress are attempting to weigh down the bill by trying to limit CEO pay and allow people to stay in their houses that they cannot afford. This is the wrong direction for America; this is socialism.

Let us learn by the mistakes of others before we make the same devastating mistakes. Look at Japan. Japan faced a large economic crisis in 1989-1990 and their government provided bailouts and stimuli to the economy. Japan's economy is still rocky today because the actions taken by the government provided a band-aid not a solution. Congress cannot just place band-aid over a gapping wound; America needs solutions to deal with the root cause of this crisis. America does not need more government programs that we will be responsible for for many years to come.  Trying to infuse socialist ideas in a capitalist market will be detrimental. Yes, we need to work quickly, but not with such haste that we do not find real solutions and resort to socialism.

Newt Gingrich has a real more capitalist solution:

1) suspend the mark-to-market accounting rule

 2) repeal the Sarbanes-Oxley law

 3) eliminate the capital-gains tax;

4) undertake an "all of the above" energy plan to keep at home $500 billion of the $700 billion we currently send overseas for imported energy.

These points would not put taxpayers on the line for 700 billion+ dollars. These ideas would not socialize the banking system.

More solutions will be needed as this problem is systemic and has festered for quite some time. While no one seems to have all the answers, Congress needs to listen to all options and be wise stewards of taxpayer's money before claiming they have an answer. Congress needs to learn from history and other countries to not make the same mistakes. Lets hope that Maverick McCain can really come in and shake up Washington to get a bill past that stimulates our capitalists markets and does not provide a socialist bailout. This will allow America to restore her greatness and come through this crisis stronger and better.