Saturday, December 13, 2008

No More Bailouts

For once, the Senate made the right decision. I am very glad they did not approve yet another bailout. Now, if only our President wouldn't be such a limp noodle and break under liberal pressure to dip into the coffers of cash already set aside to bailout Wall Street, the lousy crooks! Regenerate the set you once had, President Bush, and stand your ground on this issue! The bailout trend had to stop and the Senate finally made the call they should have made a long time ago. It is high time for corporations and individuals to take responsibility for their actions and poor decisions and get themselves out of trouble. Get rid of the UAW, it has only run the auto industry into the ground, file the Chapter 11 bankruptcy, restructure, and CUT CUT CUT the needless expenditures and over-the-top upper management salaries and perks. I know I don't have extra cash sitting around just waiting to be thrown away. This decision won't get us out of debt as a nation and there will be the typical panic reaction, but we will all be better off in the long run. That's what these politicians and CEO's need to focus on and stop thinking only about the here and now. Band-aid fixes only put off the inevitable. Everyone is going to have to suck it up and work hard to get this nation back on its feet. Meanwhile, all private citizens should write to Congress and demand our personal bailouts. For a mere $100,000 per taxpayer, Congress would be getting a heck of a bargain.

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