bailout

Anybody else out there uncomfortable with this bailout of money men the president and Congress is trying to ramrod into effect? This is one of the biggest travesties of public trust in recent memory. They are basically wanting to reward irresponsible behavior. People who have squandered huge amounts of capital on risky investments and exorbitant spending; who have lived the lifestyles of the rich and famous; who have rewarded themselves with golden parachutes that would make a third world dictator blush are now coming to Washington, hat in hand, asking to be bailed out. It is not a good idea to blindly accept the notion that this is something that we, the american taxpayer, should accept.

     When you raise a child you do not reward bad behavior- that just encourages irresponsibility, and repeated offenses. You try to make them accept personal responsibility.

      If we reward the irresponsible gamblers in the markets we are in effect punishing the people who were doing the right thing. The banks and lending institutions who did things properly, who didn't just act for greed, will get the wrong message. They should be commended for their ethical behavior and the poorly managed companies should be allowed to sink or swim.