Judgenot's Blog

What do you know, another taxpayer “bailout” of failing corrupt business. How much do you and your great great and so on grandchildren owe? Last heard I believe it was 800 Billion dollars. At what interest are these loans?

Remember the savings and loan bailouts in 1989 and the political corruption associated with their failure, Sen. John McCain and some Bush family members included. I do.  Failure to enforce laws, rules and regulations has come with a price. What happens is taxpayers get hit twice , paying first for enforcement services we don’t get and, second, paying for propping up the gutted businesses and taking over their obligations when they get in trouble — as they always do. 

 This is nothing but socialism for a small minority the rich.

We have had eight years of idiotic GOP rule, and eight years of idiotic Democrats refusing to do much of anything about what has led us to a crumbling economy.