Monday, November 24, 2008

Hey...Where's my bailout?

As I watch the steady progression of business people march on Washington to apply for their bailout, I am starting to really question my own sanity. For example, we have had:

1. Investment banks
2. Insurance companies
3. Mortgage banks
4. Auto companies
5. States

And they have all lined up at the trough to get money from....you and me.

Well, I work plenty of hours a week. I am a platinum traveller in my job. I pay my bills including my mortgage and didn't take a loan I couldn't afford. My financial wellbeing has been damaged by:

1. Politicians in congress like Barney Frank and Chris Dodd who wanted people who could not afford houses to get loans they couldn't afford.
2. Barney Frank having a "personal" relationship with an executive that completely screwed the taxpayer....(I will reisist the rest)
3. A market that has now collapsed and sent my 401k through the floor

Where is my bailout? Better be careful congress. It is almost time for pitchforks and fire.


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