Gov't turns "R" word into "D" word....

So now that the national debt has been increased by $1 Trillion (or more than 10%) in just 2 months, and the wall street bailout is well underway, we are reaping the rich rewards of that sacrifice in the form of a skyrocketing stock market and booming economy... snap out of it politicians!!

That was the warm fuzzy dream you had last night, not reality. Our taxpayer money has as much as been thrown out the window of a jumbo jet flying over the middle of the pacific ocean, the economy is still tanking, the stock market closed at a 5 year low, and all you did was fatten the pockets of corrupt (ok lets be nice and just call them naive) corporate executives.


What you did, Misters and Missus' lawmaker, was to remove the incentive for companies to make the painful, but necessary, steps to downsize, reorganize, and restructure their businesses into new, competitive forms that would take them forward. Instead, the old, destructive ways will remain thanks to the influx of ill-gotten cash.

And now, the Governors of CT, NY, and NJ want $50 million in grants so they can give 82,000 out-of-work financial services workers up to $12,500 EACH to "help them relocate and find jobs" !!!!! pssst. secret here. rewarding workers with money when they lose jobs removes incentive to find jobs.

Case in point: An acquaintance of mine who shall remain nameless, lost his job in mid-summer. I lost my job early October. I didn't take unemployment payments, and as such, with money running out fast, I went to great lenghts to find a new job, and fast. One month to the day, after I lost my job, I was hired to a new one (and turned down two offers of part time work to take it), and that includes nearly 2 weeks of no job hunting because I came down with pnemonia. My acquaintance, living comfortably on unemployment, "can't find a job because of the tough economy" hmmm.

Meanwhile, the "Big Three" automakers are clamoring for a $25 Billion bailout. Same principle applies here as in the financial companies, Misters and Missus' lawmakers.

So do EVERYONE a HUGE favor, and just say NO to any more bailout proposals. "Bailout" is the fancy term for "deficit spend the economy into depression."

Special thanks to everyone who actually read down to here. Double thanks if you are a congress person. And 100 thousand thanks if you heed this advice.