Bailout Boondoggle

The bailout will be yet another crime foisted on the American taxpayer.  All the reward from the “up” has been consumed – burned away like the vapor it was – and now the risk, the cost of the “down” will be borne by us.  Privatized reward; socialized risk.  Tonight, House minority leader John Boehner called it a “crap sandwich”  — that he plans to vote for anyway.   It’s a really bad idea for many reasons – not the least of which is: it’s not going to work.

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12 thoughts on “Bailout Boondoggle”

  1. Let the Market work, punish stupidity! This from a guy that will likely see a 6 figure drop in holdings today…

  2. Let the Market work, punish stupidity! This from a guy that will likely see a 6 figure drop in holdings today…

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