Monday, September 29, 2008

FAILURE.


This is the current picture on CNN.com connected to the story about the House of Representatives' refusal to bailout Wall Street. This picture is of a man on Wall Street reacting to the Dow's plunge after hearing the news. This picture may cause you to feel pity for him and his sad, sad woes.

But here's the thing: this is not the taxpayers' problem. This is the failure of greedy rich men and an incompetent administration who felt sorry that their greedy rich friends weren't rich enough. Our elected officials did the right thing by rejecting the bail out as the plan currently stands, even if the President says that the sky will fall as a result.

Please don't have pity on George and his corporate welfare baby mamas. They did this to themselves and don't deserve to have the taxpayers pick up their mess. Our economy may crumble and things might get worse for America, but right now the bail out is not the best, or the only, solution.

3 comments:

k-10 said...

No one can make sense of this either.

COURIC: Why isn't it better, Governor Palin, to spend $700 billion helping middle-class families who are struggling with health care, housing, gas and groceries; allow them to spend more and put more money into the economy instead of helping these big financial institutions that played a role in creating this mess?

PALIN: That's why I say I, like every American I'm speaking with, were ill about this position that we have been put in where it is the taxpayers looking to bail out. But ultimately, what the bailout does is help those who are concerned about the health-care reform that is needed to help shore up our economy, helping the—it's got to be all about job creation, too, shoring up our economy and putting it back on the right track. So health-care reform and reducing taxes and reining in spending has got to accompany tax reductions and tax relief for Americans. And trade, we've got to see trade as opportunity, not as a competitive, scary thing. But one in five jobs being created in the trade sector today, we've got to look at that as more opportunity. All those things under the umbrella of job creation. This bailout is a part of that.

Anonymous said...

is that the transcript from the miss teen america pagent from last year?? nope, thats our possible future president. because McCain will die, and probably soon.

k-10 said...

like and...the Iraq...and such.