"Too Late, too late" will be the cry....

TioStu's picture

I used to coach kids sports, and one of the dad's of the children I taught was himself my coach during highschool. On occasion, he would offer me pearls of wisdom to help ease my troubles with problems I had to deal with while working with the kids. One such pearl he offered is that we shouldn't reward bad behavior with playing time. Makes good sense to me. Now let's apply this to ome really big bailouts going into effect soon. This touches everyone who pays taxes here, some more than others. The thing that puzzles me the most, though, is how our eleceted leaders (some who have been there for longer than they should have been) couldn't see this coming. This is why we elect them to office is to help our country run smoothly. I can't speak for anyone else out there, but throwing seven hundred billion dollars toward the financial sector to keep it afloat is not my idea of "smoothly". The executives that oversaw these institutions while they went south and the politicains who oversaw the executives during this time should not get rewarded for screwing up. So, if we (the taxpayers) are going to have to pay the tab for fixing this huge clusterruck; the managers who failed should not get a penny. But this is a republic, not a democracy, and the people who are consistently representing us in this republic are the ones who are in control. I can already smell all our tax money going over seas to someone where the USA will not be able to recoup the funds. No more money to Halliburton, to KBR, to foreign aid, to the Royal Bank of Scotland, to offshore accounts of some white collar executive crook sidestepping Uncle Sam, to anywhere not American. The only way America will ever be able to insure that this doesn't happen again will be to vote out each and every serving congressman and replace them with people who aren't cogs in the current machine. But I am afraid for my children that it is too late.

Pot Luck Stu

Rambling thoughts of the son of a dirty old man