She said it better’n me
I am not a fan of the truly unfathomable $700 billion bailout. It just seems wrong the for the government to step in and give basically free money to companies that are on the verge of going under due to mismanagement, and misuse of funds that should have been used to advance the cause of the company’s solidity, and of the investors, and the people paying their mortgages. Didn’t anyone realize that the practice of execs to give themselves multimillion dollar pay packages, and multi-multi-multi-million dollar “golden parachute” exit packages was just not sound business practice??
I haven’t blogged about it (until now)… and, like most political things, I have found someone who has said something with which I fully agree, but says it a lot better than I ever could have.
Here’s an excerpt:
Essentially, the government (which should be safeguarding our economy) unlocked the doors to a candy store, invited everyone in, and is now acting appalled that people ate themselves sick.
Plus, as always, the Suburban Correspondent is far funnier and wittier than ever am. And, I like her Truth-O-Meter widget, too…
Go check it out.