I wish someone would bail me out of my financial woes. I came across this article while perusing the web this morning. Now, honestly I try not to get involved in political matters. Politics makes my blood boil for the most part, and since GWB took office it's gotten nearly impossible for me to follow along and not feel like I'm going to have a seizure or a stroke. So mostly I try to avoid all things in Washington. I don't read newspapers. I don't watch the news. I try my best to avoid anything but the bare minimum about the upcoming elections. (This is all rather ironic since I make my living writing and providing information to the general public via regional and national publications!).
But this whole Wall Street bail out is one of the most ridiculous things I've heard of recently. In fact, if it wasn't so absurd it might be funny.
But it's hard to see the funny side while the government is debating bailing out these extremely large financial firms on OUR tax dollars. Our national deficit is out of control. The government says that they are trying to avoid a more detrimental economy. I guess I can't see how spending $700 billion dollars helps our economy, especially when we are already so far in debt.
My parents taught me very well when I was young that money doesn't grow on trees. But apparently the United States government, with GWB leading the way, thinks that in middle class America, it does.
One thing this whole mess is reminding me, is how important it is to have my own debt paid off. In addition to the money not growing on trees thing, my parents also drilled into my head how important it is to owe no one. Own your cars, pay off your mortgage, don't carry credit card debt if you can help it. And make sure you give back--God will take care of the rest.