Another day, another bailout request for our tax money. But as Congress rushed to bail out Wall Street and is considering bailing out American carmakers, why isn't Congress in a rush to help out the American people who's paying for all this?
The former Big Three are back in D.C. to scare up $25 billion more on top of the $25 billion they've already received from Uncle Sam. If they don't get the money, they warn, cities will die; national security will be jeopardized; millions will lose their jobs; tens of millions will watch their 401-Ks vanish—and their CEOs will lose their corporate jets and have to travel first class.
Despite the pundit insinuations and insults, not everyone who lost a job is lazy and not everyone who lost (or is losing) a home an ignoramus who got in over their heads.
Here's my problem with this situation….
The American people have seen our tax dollars thrown at banks and mortgage companies like play money. In fact, those financial institutions were given cash with no strings attached as to how our money would be spent.
Now, let's say the government helped us out.
If we took that money, and instead of making ourselves solvent as promised, we went on a very expensive vacation, just what do you think the government would do to us? We know how the government treats us peons who don't collectively send generous campaign contributions their way. Can you say penalties and fines and possible imprisonment?
Would the government give us a bailout if they knew that it would only help us out for a few months and we'd be back for more? Okay, they already do that for many, but work with me here.
The point I'm making is that many Americans are sweating the holidays and after, not knowing where they'll be, as they are out of work because of the economy and also losing their homes. Our elected legislators are dragging their feet coming up with ways to help taxpayers become solvent, but are on a hell's pace to help out institutions that waste money they're given with impunity.
Neil Cavuto and the like say We the People can wait.
So help out the next round of banks that just can't make it on their own. Pay off the unions and help out those benefit-heavy auto companies who make those big cars.
Some of us may be living in them.
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