WHY THE BAILOUT IS A BAD IDEA

I'm not trying to turn my blog into a political forum. I read this comment on Bill Moyers Journal and thought I'd share.

No to bailing out the rich so the CEO's that destroyed the companies can walk away with their millions.

The poor have already paid the penalty and saw this coming long before the middle class and rich did. Savings? When every last dollar goes to survive - savings are a joke. Retirement? 3 jobs at 20 hours a week do NOT get you retirement plans. Living out of their means? Yeah - putting food on a table is definately living beyond your means. Health care is the emergency room - but in my area you better have wallet in hand. So, we take them out of the equation.

The middle class are doomed - they just are now beginning to realize it. It's too late for them too.

So - who do the bailouts truly profit? Corporations - and the heads of those corps - not the lowly office staff. Those were 'downsized' years ago.

Let the corporations fail. Let the American people wake up to how the government has bowed and groveled at the feet of lobbyists who cared nothing for the People.

Bail them out - and they learn nothing but that any greedy decision they make won't hurt them - their wallets are protected. So - bad management will continue because Uncle Sam is there with the checkbook - and the slaves work harder to earn his gold.
Other countries Shouldn't trust our goverment, our corporations, our financial industries - don't keep dancing to the top 1% of the population. But then......... shall we look at the millions our politicians make? So - it is their own wallet they are protecting on the backs of the hard-working American. Is this the Christian way we keep hearing about?
I contemplate this - the markets collapse - the rich actually begin to worry about their millions, and the average American who is the true backbone of this country finds ways to survive. Barter systems still work. We learn to work as a people again - and not as individuals out to get theirs by sacrificing their neighbor.

We say we want a small government - then ask it make decisions that make the US more a communist or socialist nation. We preach democracy while denying our own people democracy.
Enough is enough! What happens when the next bail out comes - and the next - and the next? Big Brother needs a new pre-occupation. All it will take is 1 country who owns most of our business' and debt walking up and saying 'Pay Up'. But I fear the saying is true -money talks. The America I love is dying.

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