As most of you have heard, President Bush and his posse are asking for $700 billion to bail out financial screw ups, AIG, Fannie-Freddie, Merrill Lynch and many more.
All I want to know is where is this money coming from?
America has about $10 trillion in debt as it is, so it sure as hell isn’t coming from them.
Their plan is to have these companies pay them back.
Hmmm, I’m not trying to say that I’m not a trusting person, but I would never trust anyone with that kind of money and expect them to pay me back.
They have already failed horribly at any kind of responsibility as a business.
Why are we wasting our tax dollars bailing out the rich people on Wall Street? Oh, it will save the economy, some say.
Oh, our economy can’t survive without Wall Street, others say. Why is it our job, as taxpayers, to bail out people who give those who can’t afford things money?
I believe most of those Wall Streeters are corrupt and have been fraudulently handling money anyway, to make themselves richer.
Let them fall. They deserve it. They were the ones that screwed up, not the government and certainly not the taxpayers.
When I screw up, the government never sent me any money to help a struggling sister out.
Honestly, people who work hard for a living, and I don’t mean those at Wall Street, I mean those working two or three jobs, going to school, have a kids to take care of, those are the hard working taxpayers.
Why does the government think its okay to offer up our money to bail out AIG and the Fannie-Freddie duo? The government should look at bailing some of us out.
I mean I have debt that could be taken care of. if you are just going to be handing money out, send some my way.
I have student loans, bills to pay, credit card loans, a car loan. I’m not even asking for that much. Maybe 10 G’s would do.
Some taxpayers, like me, don’t want to bail out corrupted financial giants, some taxpayers, want to spend their tax dollars on things that benefit us.
The government should work on trying to get rid of our debt as a nation, and not rely on taxpayers to help bail out other people’s mistakes.
By NIKKI FOUCH
Editor
bnfouch@ius.edu