Tuesday, October 7, 2008

Bailing Out From the Bail Out

"We the people of the United States of America, in order to form a more perfect union, establish justice and insure domestic tranquility, provide for the common defense, promote the general welfare and secure the blessings of liberty to ourselves and our posterity are getting sick and tired of always being asked to pay for the bad decisions and atrocious and possibly illegal behavior of others. We just became the owners of about a trillion dollars in bad debt in order to keep people in homes they couldn’t afford and Wall Street bankers in homes that only they can afford. (...) They told us we had to do the deal to save the economy. We did the deal. The economy is still tanking. Only now they have set a precedent that runs contrary to everything we have been taught about accepting consequences of bad behavior. Risk is a thing of the past. We have basically socialized the economy. No wonder the Dow plummets."

Full article: http://article.nationalreview.com/print/?q=OGE1ZjA4ZTE2MjQ4MzJlMGE4ZjkzNTMwMTRkMjA1YTA=

I follow with the iced coffee...

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