Sunday, November 16, 2008

Mixed Feelings

I know we have to do something to pull the economy out of its nosedive. Diane's retirement investments are going down the tubes as are many people's. On the other hand it gripes me no end that my tax dollars and the tax dollars of my children are bailing out people who have been financially irresponsible. After a lifetime of trying to live within our means we have to 'help' people who are far richer than we are because the way the economy is set up, if the rich and powerful go broke we all do. It is bad enough that that the share of the pie the average Joe or Jane gets is determined by people who often decide to keep most of the profits for themselves but then when they squander and/or gamble with their inflated share and get into financial trouble it's the little guy who gets to bail the fat cats out. Damned if we do and damned if we don't. Greed wins. There's something basically wrong with the system. I don't know what the solution is (I wish I did) but the system we have sucks big time.

No comments:

Post a Comment