Friday, November 13, 2009

Bailout Money: Not Coming Back.

You mean, when a company is drowning in red ink and toxic assets, and you "loan" them a jillion dollars so they can keep doing the exact same things that got them bankrupt in the first place, they don't pay the money back?

Who would have guessed!

Gee, I guess it's a good thing we gave away that most-of-a-Trillion dollars last year. I mean, it's an investment after all. You know, like how your Social Security Withholding Tax dollars are an investment. Except last time I checked, my SS money was only shrinking by a -1.5% annual rate, vs. completely disappearing.

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