Wednesday, March 18, 2009

Crashed And Cranky

clipped from pajamasmedia.com

Here’s what I think people are saying: Wall Street gets bailed out, despite billions that the masters of the universe skimmed off. Meanwhile our retirement accounts are crashed. Then the government bails out those ‘homeowners’ who failed, often due to their own greed and foolishness, not those who played by the rules: so default on your over priced home that you should have never bought, and the fed is there to bail you out; put away $1,000 a month in your 401(k)—and tough luck.

No new taxes of course for “all of us” except the evil “them,” but rumors still somehow abound that health care benefits will be taxed, carbon emissions will be taxed, and even veterans will pay for their care via private accounts before drawing on VA resources. And why would not Obama resort to more bait and switch to pay for a $3.5 trillion budget—when that proverbial evil 5% simply does not have the wherewithal to make up for the 50% who pay no federal income tax at all?