Shuck Bush

13 November 2008

Now that we are “rescuing” financial institutions with huge amounts of taxpayer money, where do we draw the line? I can’t help but wonder where personal responsibility enters the picture. People have been living high off the hog for a long time and after dancing to the tune, they have to pay the piper. Everyone seems to be holding their breath waiting for the new president to fix the problem. We as a nation have been living beyond our means for years using credit cards to back ourselves up. Only recently has the dire situation sunk in and spending is rapidly slowing.

If we bailout the auto industry then there should be requirements to pay back money they are given, once the industry becomes stable. The same should go for banks and the insurance industry. Being a “great depression” child I’ve always been very cautious when it comes to money matters. So, who is in charge setting up the requirements and restrictions that go along with all this money being doled out? High finance is way over my head so the best that I can do is follow news reports and gripe if I feel that we are being hosed. The federal government can’t begin to rescue everyone so I say, where do we draw the line?

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