Bailout Nation

What I’ve learned from the US government – regardless of party…

The more irresponsible you are, the more money you get and the better you do. Sorry – just blowing off steam, I am not sure how much of this we can take. Every person who made a bad decision seems to win the lottery.

Never in my life do I remember the rewards for doing the wrong thing being so great. As bad as the Ponzi-scheme bandits have been, they pale in comparison to the businesspeople and consumers who failed to exhibit any sense of responsibility in their spending and business philosophies and then reached into the pockets of citizens in good standing and the pockets of their descendants.

How will I ever teach my kids about responsibility with a straight face? 

  • Tom Keating
    February 19, 2009 at 11:31 am

    Well said. I ‘almost’ couldn’t say it better myself. 😉

  • jf
    February 20, 2009 at 10:38 am

    This says it all! How does someone that earns $45K per year think he can afford a $700,000 home with a mortgage payment of $5,200 per month? The fact that he got this loan was rediculous. The fact that he could not just take a calculator and figure out that he would never be able to pay the mortgage is just plain stupid!!!!
    http://www.nypost.com/seven/02192009/news/regionalnews/ray_of_hope_for_qns__homeowner_155903.htm
    Yes, let’s take tax payer money to bail out the stupid! Works of me…

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