Will the madness ever end? It’s bad enough that our government decided to mortgage our children in a moment of panic stricken idiocy. (I hope they don’t get foreclosed on, they’re cute and I’ll miss them.) Apparently giving taxpayer money to ‘businessmen’ who made retarded decisions was not a moral dilemma for our elected officials. Now the formally big ‘Big Three’ came to Washington, in private jets, to ask for a little wealth spreading. Public opinion is decidedly against this and hopefully our politicians are listening.
But it’s not stopping there. Now state and local governments are asking for their handout rescue. Even non-profits need some help these days. At least someone is saying no to this debacle. Then here’s some refreshing honesty from the LA Times:
“Too many Americans have overextended themselves with regard to credit and debt, and too many have been following the bad example of the government,” Walker said. “It is imperative that we recognize that this country has been living beyond its means and that we face large and growing structural deficits even after we turn the economy around.”
Walker said he understands the need to attack the financial crisis. But the spending only adds to the looming problems of unfunded Social Security and Medicare commitments as baby boomers begin to retire.
Ya think?
With the taxpayers’ tab beginning to be estimated in the trillions, Reason.com is asking, “When is ‘Not an option’ not an option?’”
If you’re brave you can check out – bailoutsleuth.com
