Bailout

Let's talk about the Bailout.  Everyone else is, so why don't we?

When I think of a Bailout, I imagine an unfortunate, and usually foolish, person being helped by someone with more resources.  Due to the Bailee's poor decisions, the Bailer throws money at the situation to prevent the Bailee from further suffering.

In the short run, this results in less pain experienced by the Bailee, and the Bailer loses money. In the long run, the Bailee learns nothing, and is likely to ask for another Bailout in the near or distant future, because nothing was learned from the Bailout except that if asked, someone will Bail You Out.

The sad part is that we, the taxpayers of America, and funding the Bailout.  Nobody asked me if I wanted my tax dollars to fund the Bailout.  Strange.

Should the Financial Sector have gotten a Bailout?  No.  Should the Big Three get a Bailout? No. Should anyone get a bailout?  No.  Tough love baby!

Questions????

Let the chips fall where they may.  But don't throw good money after bad.  End of story.

Joe