Money Can't Buy Quality Resolutions

We are learning more and more--as a country and private citizens--that you can't throw money at a problem and expect to resolve it.

Washington Redskins owner Daniel Snyder behaves in the same manner that the U.S. Treasury acts toward banks. Snyder expects to throw money at staff and players and that will get the D.C. region a winning football team. Not so. It gets a bunch of greedy players who think they've won something before playing the game.

Earning--or not earning--millions of dollars means much more to many of these players than winning the Super Bowl. That's great for the players and staff, but what about the fans? They end up paying to watch a crappy product on the football field.

As for the Fed printing money and throwing it at banks, with the hope that they become magically solvent despite billions of dollars, maybe trillions, in toxic assets. That's led to executive compensation, bonuses and no lending to borrowers and businesses.

Without debt, all this country sees is a bunch of greedy investment bankers make more money while states and municipalities layoff police and teachers. Communities turn to crap and taxpayers watch neighborhoods in foreclosure and decline.

So, yes, we can throw money at a problem and hope it goes away--but it doesn't. It only helps the needs of the few outweigh the needs many.

Problem solving sometimes requires time, patience and hard work--three things nobody in power wants to deal with these days.