So I'm driving down the road, juggling the appointments from one of the fifteen things I had to do on Saturday related to the four jobs I am having to work in order to put food on my table this Christmas, and I heard it. Some person on the radio making some claim that the tax-payers of the rest of the nation "owed it" to California to add yet another bailout to the tab.
California is a state that's "too big to fail!"
The screaming voices--that were slated in their introductions to the conversation as economic "experts"--were arguing that California was due because some Californians ponied up cash in the savings and loan crisis a generation ago. One lone voice on the panel spoke up and said, "Why can't states pay their own way?" And just like that the screaming at each other began all over again.
Once in the course of the discussion some horrible conservative voice spoke up and said, "States can't continue to spend more money than they have, and expect to stay in business." To which the pro-bailout morons began attacking with even greater ferocity.
But for all the screaming that is going on, when is someone going to speak up for people like me? Working four jobs to hold life and limb together and doing the best I can to generously help those in need while doing it? When do suddenly ALL of my earnings go to help some hapless schlep of a manager who doesn't know how to meet a budget? When does my maximum amount of earnings possible meet the criteria of officially solving the crunch that seems to have everyone standing at Congress' door with the hand outstretch saying, "please sir?"
So far I've bailed out decisions makers who sold fraudulent mortgage securities to a series of institutions (some of whom rather historic) who were forced to buy them under federal law that upon purchase deflated from default and left everyone holding the bag.
Everyone except the racist Congressional black caucus who told those seeking oversight that they were racist, Franklin Raines who walked off with $90 million in his pocket, and Barney Frank and Maxine Waters who schemed behind the scenes for the promise of constituency payback, or a lover's job.
So far it also looks like I'll be bailing out three auto companies who haven't been competitive in perhaps a generation, who promise retirees things they can not deliver, who are bleeding to the tune of $2 billion every thirty days, who have made little promise to change much of anything, and who have spent millions on lobbying for the bailouts they are now begging for.
Now fiscally irresponsible states like California and New Jersey want in on the cash. (My cash, and yours mind you.)