Tag Archives: Bailout

The Bailout Fad

Line up for you free bailout!

Line up for you free bailout!

Ahh, I just love a good bailout. Don’t worry about being responsible with your money, Nancy Pelosi and her squad of liberals will be at your door very shortly with a whopping check to “solve” all your troubles!

Hopefully, everyone sees the sarcasm in that.  My opinion is actually completely opposite of that.  I DESPISE the current love affair the democrats in congress have with bailouts.  They seem to have the mindset that the more money you throw at the problem the better off we are and everyone is happy.  False.  The kool-aid drinkers are happy, but those that understand the economy are left scratching their heads.  It blows my mind as to why they continue proposing these bailouts that clearly don’t work.  The first economic stimulus package failed to do anything, so they are proposing a new one.  Of course!  If at first $170 billion doesn’t jump-start the economy, throw another package right on down!  That doesn’t even make sense.  Now, they have a package designed to specifically bailout Detroit.  No, not their dreadful football team (For those that don’t follow football, the have lost all 8 of their games so far), but the automakers in Detroit.  They are now proposing $50 billion to give to struggling automakers, and while I know the auto companies certainly need some help, this is not the right way to go.  My main point with this rant is where will all this end?  Are we going to continue bailing out every industry in the nation until every executive get’s their spa trip at a luxurious resort?  Something needs to be done.  At the rate we’re going, I wouldn’t be surprised if tomorrow Pelosi speaks on a bailout for struggling lemonade stands across the country.  Eventually you have to draw the line, and most sensible people would have drawn after the first stimulus failed to make even a knick in the economy.

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Filed under Congress, Economy, Politics