Wednesday, September 24, 2008

Bailout

So the Feds want to bail out wall street, proclaiming how we have to stabilize the economy to prevent a horrific disaster. Well I'm all for said "horrific disaster" if it means the Government won't be spending nearly $1 Trillion of taxpayer money (that means hard-earned money you and I have stolen out of our paychecks every week) to bail out corporations failing because of poor management decisions to lend money to people with terrible credit. To give you an idea how much money this is, my friends over at the Libertarian Party came up with a nice little list:

One trillion dollars ($1,000,000,000,000) is enough money:
  • To buy everybody living in Los Angeles at least one Lamborghini Gallardo.
  • To buy 88,052, 394' custom mega yachts; enough to stretch around ¼ of the world.
  • To buy everyone living in Belize and Malta a Manhattan apartment.
  • To get half of the Democratic Party into a fundraiser for Barack Obama at the $28,500 admission price.
  • To give one out of every two men in the United States a Men's Presidential Rolex watch.
  • To buy every woman in the United States a Tiffany Diamond Starfish Pendant.
  • To get two Mitsubishi 73" HDTVs for every household in America.
  • To buy four copies of The Office: Season Four on DVD, to every person on earth.
  • To send everybody in America on an all-inclusive vacation to Tahiti (and some people can stay a few extra days).
AND…
$1 trillion is enough money for everyone in Buffalo, NY to buy their own 65-acre island in Panama. This is how much the government is going to cost you (roughly $3,278 for every man, woman and child in the United States).

Barack Obama is for it. John McCain is for it.
But, Bob Barr and the Libertarian Party are against it.

But Obama and McCain are so... Different. Right?

2 comments:

  1. I agree with your statement, but politics don't really work that way. It's about appeasing the people. If the government says, "Hey, folks, listen up. We're going to have a massive stock market crash soon. It's better for our economy in the long run to let it happen, and then rebuild a stronger economy than what we had before." the people won't like it one bit. But if they promise a quick fix, then that makes people happy.

    The government likes happy people.

    And, just because Obama and McCain agree on one thing doesn't make them the same, which your last statement certainly insinuated.

    ReplyDelete
  2. Well politics often don't work the way I want them to, or even the way they should. Doesn't mean I won't point out such things (actually that's WHY I point them out).

    And while Barack Obama and John McCain are most certainly not the same, their differences are fewer and farther between than I would like. Both will continue to increase Federal spending, Obama by tax increases, McCain by deficit increases. Both have and will work to continue to limit your constitutional rights, Obama's most notable target being guns and McCain's most recent offense being against freedom of the press. Both will work to increase regulations in the name of 'environmentalism'. Neither will work towards a goal of eliminating the IRS and repealing the 16th amendment.

    Hence my insinuation.

    ReplyDelete