Where's MY Bailout??

Everyone seems to be lining up to get money from the government. States, cities, programs, insurance companies, car companies, ... and the list goes on.

Car companies have a legitimate complaint but they shouldn't get a financial bailout. They should get a bailout from all the regulations that government has put on them. The car companies know how to make good cars that people want. Let them do what they do best instead of congress stipulating to the companies what government thinks is best.

Government regulated the banks and mortgage companies into bankruptcy by stipulating that they give bad loans. Any regulating should have been to keep people's savings and investments sound by not allowing bad loans. Even Bill Clinton spoke out and said that the democrats in Congress during his administration caused much of this housing mess. I would love to see those "overseers" held accountable for their actions.

One that makes me laugh is student loan forgiveness. These people knew what they were getting into. Supposedly, on average, a degree will help you to earn a million dollars more in a lifetime than someone without a degree. So what percentage of a million dollars is their school loan? 20%? 10%? Less? It seems like a good deal to me. Why should they get a bailout for services rendered? Perhaps they should give their degrees back. I thought these people went to college to be productive members of society. At least they have student loans and didn't just go to college and put it on Mom and Dad's tab. (Hey, if you study and work hard and don't party away mom and dad's money, "Way to go!" and "Thanks Mom and Dad!") These students must have gone into college with the idea of making their own way in the world. Maybe the colleges persuaded them that society owes them. In that case, they received a disservice.

President-elect Obama is talking about another stimulus package. The last one didn't work. Congress is demanding to know where the money went and how it was spent. Maybe they should have considered that before giving so much power to the Secretary of the Treasury. Maybe they shouldn't have rushed through a bailout bill when the majority of the country was against it. We can't bail our way out of this.

Where do you think this money is coming from? Our government has a deficit. They don't have the money. They are either borrowing money or simply printing it. When we borrow more money, we give foreign nations a bigger say in our government. Proverbs 22:7 tells us "the borrower is servant to the lender." If we simply print more money, then the value of our dollar drops dramatically and prices soar.

I'd like to bail out of all these bailouts.