Saturday, March 21, 2009

Bail Out - Fail Out

I was against the bail out from the beginning. If anyone needed the bail out it was the middle class people. After all, the rich get richer with all the tax loopholes and the poor..........well, hell, they get lots of free stuff, and the majority getting the free stuff don't want to work anyway. Why couldn't they have given middle class Americans the money? If the government wanted to stimulate the economy then help the ones that spend the most for general life purposes. The government could have paid off home mortgages of the middles class. This frees up money for more spending by the average Joe. It gives banks money they deserve. Banks are willing to continue loaning money and the middle class will be eager to spend since they have no mortgage to pay. You ask what about middle America that does not own a home........... ok, they could be eligible for a small cash back...why not.......

But no..... they had to give money to companies that were failing, failing because loans that never should have been made were made, places where people said ...oh well, the government is backing the loan if it fails......who cares.....well the people cared....and the people got screwed.......Congress gave money to business that squandered the money..... used it for getaways and parties .....for bonuses in the millions of dollars to people who ran the companies into the ground. Rewards for losing money and being incompetent? How does that work? And now the icing on the cake....... 13 of the companies that have received bail out money owe back taxes totalling over 200 million dollars!!! Are you kidding!!???? WTF? and I really mean WTF?? This is not the change that the people wanted.....the new president can say he wants change.....but it is really Congress that has got to want change since they make the laws. Obviously it is business as usual up there in the Capitol..... I knew this bail out was gonna be a mistake and a mess......I was only slightly wrong. Its a huge monstrous mess. The middle class will once again have to take up the ass.
This whole thing makes me sick......just sick...... I work my ass off to make ends meet and keep things together. My property goes down in value, I get less local government services that is maintain by fewer people and yet I pay more in taxes and more for services. I don't get it.
I can't help but wonder if the next rebellion....the next revolt......... the "second" American Revolution might be lurking around the corner.

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