Experience matters

Let this be a lesson to all those who will recklessly vote for someone as inexperienced as Sarah Palin.

We have no choice now but to rely on our experienced senators and representatives in Congress to save us from the impending financial collapse caused by their liberal mortgage schemes and lax oversight.

For some time Congress, in their sublime sensitivity to the poor and downtrodden, have required lending institutions to issue mortgages to all applicants. No more silly restrictions like requiring a down payment, savings, a job, or other repayment prospects. Even welfare payments and food stamps were counted as income.

Now comes the bailout. That same congressional wisdom still insists that the foreclosed homeowners be again subsidized by us, so that they can regain their homes and continue to make no monthly payments.

Someone as inexperienced as Sarah Palin would only botch things up!

Joseph Pasulka

Southport, N.C.