7+ Trillion Wrongs Don't Make 15 Billion Rights

We passed 800 billion to go to a bunch of execs that sit around pushing money around on spreadsheets who thought sub prime mortgages were a good investment. They're even getting bonuses!

The FED is printing and lending trillions of dollars, and not even disclosing where the money is going.

So what's another 15 billion for some automakers who are bloated with corruption, private jets, and unions that have negotiated the sweetest deal in history (for its workers).

Everything is wrong with it. It's time for the government to understand they're making this situation worse with their intervention. The bailout is only creating an environment where success is punished and failure is reinforced with more money, so they can continue to fail.

Government: Get out of the way now. What are you trying to avoid, a recession? Too late. We're in hard times, this country was built on hard times. You can't have good times if you don't have the opportunities created by bad times. Name one country that experienced long term economic growth from government micro-management.

It's time for a little pain and purging. It's going to hurt, a lot. Then there is going to be opportunities like we've never had before. The little guy can't outsmart and outperform the big guy if the government is propping up the big guy with trillions of dollars and calling them too big too fail.

The People's Republic of Windows and Doors

You've got to be kidding me.

So this company shut down because Bank of America made a business decision not to keep their line of credit open. The union is demonstrating a "sit-in" because they're not getting the benefits, back vacation etc. owed to them.

Illinois Governor Rod Blagovich said the State would no longer do business with Bank of America until they reinstate the line of credit, allowing the employees to get their benefits/paid vacation time. He claims the bailout money Bank of America received was designed specifically for this purpose.

Yeah... that makes sense. Extend a company credit that's not making any money. Isn't that how we got into this mess? Perhaps now that Governor Blagovich was caught trying to sell the vacant Illinois Senate seat to the highest bidder, he may have other things to worry about than extorting Bank of America.

To the workers at the plant: I'm sorry you lost your job - these are terribly tough times. But if Bank of America is forced to give in and lend money it will never get back, then the slippery slope continues - or maybe we're already off the cliff.

Transportation Bailout Scenario

Not too long ago in our history, a major manufacturer of vehicles that were widely used were going out of business. There were many factors such as competition and difficult economic times.

Employees lost their jobs and companies went out of business. It was a pretty sad story for an industry that served so many for so long.

But these companies didn't get a bailout. If they did, we'd all still be driving horses and buggies.