Comment Re:Broken? More like fixed. (Score -1) 773
But at the federal level I pay my taxes so the money can be used to bail out whatever group has their hand out this week?
Bullshit. The '08 "bailouts" weren't bailouts AT ALL. They just STABILIZED the financial system so that the gears of capitalism could keep working. If they hadn't, then businesses wouldn't be able to get short term credit, financing, even be able to make PAYROLL.
Yeah -- you heard me right: no bailout, no paychecks. Not even credit cards. Suddenly everyone would be unable to buy anything except maybe by barter. (Do you REALLY want people trading HARD ASSETS for what they need?)
Not a single person was bailed out. Zip. Zero. Nada. It's just that a ton of high-grade securities weren't trading at their TRUE value, so the government came in and bought them at a REASONABLE price. The rest of the bailout only consisted of LOANS that had to be FULLY REPAID, like what ol' General Motors (grr! unions bad!) did AHEAD OF TIME. Yeah, real "waste" there, right? Moron.
It's people like you promoting this moronic Glenn Beck/Rush Limbaugh ignorance that got this country in the mess it's in. And people like you who oppose EVERY possible method that will get the economy back on its feed again, like STIMULUS projects.