C'mon people, it's time to start to get tough.
The President is making a good show of it with his scolding of the automakers yesterday, but the bailouts and stimulus packages will still continue nevertheless.
Where did all this mindset of entitlement and the assumed "right" to use government as a big fiscal airbag come from anyway?
I remember the enormity of the Chrysler loan that the Carter administration and the late 1970's Congress gave to Lee Iaccoca's ailing Chrysler Corporation. Back then it was $1.5 billion (1979 dollars), and the country was in an uproar about it.
But since then, I can't recall a time when so many companies have been schlepping their sorry asses to the Capitol with their hands held out like panhandlers.
Okay, so we're in a recession. Well it's not the first time we've been in a recession, why the big handouts this go-round?
And it's not just big companies that are being given what amounts to a bankruptcy-free write off. These bo-bo's who either lied or were too stupid to read their paperwork when they closed on a home purchase they obviously couldn't afford. Look, as you know, I'm no saint when it comes to financial responsibility, but damn it, I had to pay the hard cold price for what my silly attitudes towards credit wrought. Why shouldn't they? Isn't it only fair?
It just reminds me of a great sketch SNL did a few years back. We need to not only laugh at the implied sarcasm the writers were conveying about American consumerism and it's cycle of absurdity, but we should also learn from it:
The President is making a good show of it with his scolding of the automakers yesterday, but the bailouts and stimulus packages will still continue nevertheless.
Where did all this mindset of entitlement and the assumed "right" to use government as a big fiscal airbag come from anyway?
I remember the enormity of the Chrysler loan that the Carter administration and the late 1970's Congress gave to Lee Iaccoca's ailing Chrysler Corporation. Back then it was $1.5 billion (1979 dollars), and the country was in an uproar about it.
But since then, I can't recall a time when so many companies have been schlepping their sorry asses to the Capitol with their hands held out like panhandlers.
Okay, so we're in a recession. Well it's not the first time we've been in a recession, why the big handouts this go-round?
And it's not just big companies that are being given what amounts to a bankruptcy-free write off. These bo-bo's who either lied or were too stupid to read their paperwork when they closed on a home purchase they obviously couldn't afford. Look, as you know, I'm no saint when it comes to financial responsibility, but damn it, I had to pay the hard cold price for what my silly attitudes towards credit wrought. Why shouldn't they? Isn't it only fair?
It just reminds me of a great sketch SNL did a few years back. We need to not only laugh at the implied sarcasm the writers were conveying about American consumerism and it's cycle of absurdity, but we should also learn from it: