The point in all this is that bailout money isn’t free. Somebody foots the bill. And that brings up an important question: Should we actually be giving MORE money to all the people who are best at LOSING money? Because that’s what the bailout efforts have accomplished so far.
It seems that it would make more sense to give money to people who know how to PROTECT money; who can invest it and use it to grow businesses and create real jobs (rather than fictitious government jobs paid for by wealth confiscation). Then again, it probably makes the most sense to just avoid bailouts altogether and stop confiscating all this money from people in the first place.
Do not fall for the fallacy that bailout money is free. Someone pays. And if you’re working for a living, the sad truth is that ultimately YOU pay.
It is my belief that no nation can survive the financial ignorance of its people.