What's your thought on the Financial Stability Plan?

Financial Stability Plan is the second moronic idea in the last 12 months. The first one being TARP. Both of these plans will fail with a 100% certainty. At best, they'll delay whatever would happen anyway.

An what would happen without these stupid plans is not necessarily bad. You do not strengthen the economy by providing cheap credit to families and businesses at the expense of future generations. You strengthen the economy by eliminating inefficient businesses. If you let the insolvent banks fail, the survivors will be very strong. The new banks will open up taking over a normally very profitable lending business especially if there is a huge demand for loans and people willing to pay high interest rates.

And housing? Everyone is complaining about high price of gasoline and healthcare while the 2 largest expenditures in a typical family budget are taxes and housing. And, we are willing to pay more taxes to pay more for housing. If this is not stupid, I don't know what is. In fact, the biggest stimulus package would be to let house prices fall 80%. This way, people who have 20% down payment wouldn't need a mortgage at all. Imagine the amount of money available to spend on other things! And, a mortgage on a house bought after an 80% price drop would be virtually riskless by definition and could be a lot more profitable for the banks.

You and your husband just have to talk about the situation again. All things aren't ideal, but if he says that he'll work 2 jobs and you can stay at home with your child (it doesn't just benefit you, it benefits the whole family.... so NO its not selfish) and he's sure that it is something he can handle doing himself (bringing home the bacon i mean) then do it! Only you two know whats going to work for you. Bringing a baby into the world is a wonderful thing, but it can also be very stressful in many aspects (financially, physically, mentally, ect.). You two just have to keep your communication going, and try your hardest not to snap at the simplest of things. You have to realize (and so does your husband) that you will have your way of doing things, and he will have his way of doing things. You both have to be on the same page, work together, and at the end of the night (if the baby is sleeping and time is permitting :) ) then have some alone time and enjoy it as much as you can. It wont hurt your marriage unless you let it. Raising a child together can either make your relationship stronger or it can break you apart. Really, its all on how you two work together. Communication is key. I hope I helped, and congratulations!

Yet the stimulus plan just passed does not do that.

You the taxpayer will see 13 dollars extra in each paycheck. That really will stimulate the economy