This is helping?

It seems we are unhappy that banks needed "bailout" money from the government. Those people were supposed to be smart! Turns out they were stupid, and they ruined the country!
Umm, maybe.
But upon further reflection, perhaps we were a little too quick to trust the media and didn't see the obvious path that things were going down.
No "help" ever comes from anyone without conditions. And if you don't actually want help but have it thrust upon you, you better be sure your skepticism hat is secure on your head.
This issue concerns the banks in our country and who controls them, but the concept can be applied to any business, and we should all be frightened about which industry is next. It seems that more and more banks want to return their TARP funds, but the government won't take the money back. HUH?
Read the Wall Street Journal article and consider the opinion there. It will be time well spent in my opinion. What's your opinion?

With all due respect Mr. President

"There is no disagreement that we need action by our government, a recovery plan that will help to jumpstart the economy."
PRESIDENT-ELECT BARACK OBAMA, JANUARY 9, 2009

Politicians keep making big statements that just aren't true. (Also called lying) And people keep giving them a pass by saying, "Well, it's just politics, everyone knows they exaggerate". It's that kind of thinking that has gotten us into lots of trouble in the past. Its way past the time we start to hold people accountable for what they say. Lately the CATO INSTITUTE has been doing just that with full page ads in major newspapers. Three cheers for the Cato people.

Hundreds of distinguished economists signed that full page ad to do their part to keep people from swallowing this tripe.

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