Thursday, November 13, 2008

Bailout Frenzy

Who says Obama doesn't look like the guys on the dollar bills?  Slap on a wig and he looks just like Thomas Jefferson.

So the bailout misadventure continues.  This time it's speaker of the house, Madame Pelosiwho's out there brandishing the bailout bucket.  Some questions: What will we ultimately accomplish with all these bailouts? Where does this stop?  When do I get my bailout? If EVERYBODY gets a bailout, doesn't that take us right back to square one?

Thinking about this reminds me of what Wintston Churchill said: "We contend that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle."  The same concept applies to government bailouts.  

Read This:
The Bowyer Bailout Alternative "There's too much water in the boat, let's knock more holes into it so the water can get out!" 

4 comments:

goddessdivine said...

Seriously, when does it stop? Maybe I'll stop making mortgage payments so that I can be bailed out.

Love the quotes, btw.

My Left View said...

Yes, it's enough alreadt with the bail-outs!
The stock market goes down and down and we just sink more bad money after bad.

RightKlik said...
This comment has been removed by the author.
RightKlik said...

Thanks for the comments.

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The logical stopping point of this process is that one day everyone will end up being shackled to a wall...at that point, the world will enjoy all the prosperity that comes from total paralysis.

http://georgereisman.com/blog/2008/10/myth-that-laissez-faire-is-responsible.html