Monday, September 22, 2008

The United Socialist States of America: I watch with interest as our government is scrambling today to throw hundreds of billions of dollars to bail out the failures of capitalism. It is a really sad time for our country on so many levels. We are still the world's largest giver of help in times of need, but we are also a huge borrower. We bail out failing businesses but fail to prop up our Social Security program which has been robbed for years by politicians.

The reasons that the majority of these institutions (banks, stock firms, insurance, etc.) is that they were greedy and saw an opportunity to make a quick buck on risky loans. All of these firms had at the same time executive officers who made millions and millions of dollars in bonuses while their companies stood closer to the edge of financial peril. They have now made their money and don't care if the everything collapses. They can each easily buy a little island in the Bahamas and play golf for the rest of their lives.

So now who pays for that golf trip and that island? I do. Indirectly I am funding that lifestyle because the lost it all and the government is going to socialize it all. That means that the tax payers are going to foot the bill. I pay for that irresponsibility, and it makes me mad.

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