Today at work I got a rare treat, I got to listen to talk radio! As I listened I heard an interesting blurb about the auto industry, along with six governors, have asked Congress for $10 - $15 billion in bailout funds. The thought struck me that when people know you have money everyone comes out of the woodwork to ask for a handout.
Since we (the taxpayers) gave the banking industry $700 billion and Congress is thinking of giving them more it seems that everyone now needs a bailout. The banking industry has come back to
Today the esteemed Gov. Patterson of New York and NJ Gov. John Corzine pleaded the house ways and means comity a bailout saying that states would not be able to pay medicade and other important expenses with out this bailout. Echoing the governors was the Mayor of Trenton, NJ
Lets do a little math, lets add:
700 billion - Original bailout
15 billion - Auto
62 billion - Credit Debt
90 billion - State/City bailout
150 billion - second/ "main street" bailout
One Trillion seventeen billion dollars
your share is $3,377.17
1,600+ wars in
Whatever happened to fiscal responsibility?