Friday, October 3, 2008

The big bad bailout

Wow ... 700 Billion Dollars ... you have got to be kidding. How are we ever going to learn to be responsible when someone is always there to bail us out?

Children don't learn - it is the schools fault. Burn yourself with hot coffee - it is McDonald's fault. Purchase a house you can not not afford - it is the banks fault. When will we learn that we must take responsibility for our own actions?

It is enough that we don't want to own up to our own mistakes, but the fact that the Government is going to bail us out is absolutely ridiculous. We are creating a false economy, at some point it is going to collapse, the longer we wait the harder it will be.

But what really gets me is this: "Exemption from excise tax for certain wooden arrows designed for use by children" (pg 263, the bailout bill). Why do we need to make wooden arrows tax exempt? I'm not sure if it has to do with global warming or corrupt politicians; but I am absolutely certain that it does not have to do with housing market.

Indeed, "as a dog returns to its vomit, so a fool repeats his folly" (Proverbs 26:11). God help us.

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