Wednesday, September 17, 2008
Stop the Insanity!
I don't know about everyone else but my taxes can't afford to prop up every greedy, over extended company in the country. First the government bailed out Fannie Mae and Freddie Mac and I thought the idea was ludicrous. Hello--us tax payers (that's where the government's money comes from to bail out these companies) have enough problems without taking on the debt of these huge corporations. Anyway, next came rumors of a proposed bailout of Lehman Brothers which didn't happen. Hallelujah...finally I thought someone figured out that the citizens of our country shouldn't have to finance bankrupt companies that will gladly take our money when they are scraping the bottom of the financial barrel yet when they are swimming in profits do you think these companies would give some of their excess income to the citizens of our country? Um, not a chance. If you read today's news, you will see that WE (you, me, and everyone else we know) has bailed out yet another company (AIG). When will this insanity end???