Wednesday, November 26, 2008

Another bailout?

No we're going to bail out the credit industry? When will the government learn that you simply cannot protect every individual from himself?

Never. Not so long as we tolerate corporate welfare. That's all that it is, truly; I'm no bleeding heart by any stretch of the imagination, but I do wonder how many needy people can't get help when multi-billion dollar corporations screw up and get easy public money.

We'll hear about, have heard about, how the little guy is the one who'll get screwed over when he loses his home or can't pay his credit card bill. And no doubt he'll be hit harder than a mortgage executive. Still, his folly is his folly.

The whole thing's simply a mess. We'll be Europe before we know it.

1 comment:

ShinChuck said...

Also curious is how corporations are so big and bad and blah blah, and yet we're so quick to try and bail them out. Guess they're not so big and bad after all, huh?