Not Again

Well more of the taxpayers money is being handed out like we are an endless supply. As more people are losing their jobs and those of us with jobs are wondering for how long, it is released that the Federal Reserve authorized $2 Billion in additional bailout funds to banks. Who received these funds and why, you ask. Only the people who authorized the additional funds and they aren't talking for fear of the stigma that could be attached to those banks and the possibility of depositor runs. What collateral was offered? Here again, no public disclosure.

Also more money is going to AIG and once again the auto industry will be bailed out because of their short-sightedness and slowness to adapt to the real world.

Companies and our government, both national and local must come back to reality. If fewer people are working and those who are working are barely getting the ends close let alone meeting, where is this money coming from.

Politicians say we must bail these companies out to preserve jobs. Where were these people when jobs started flying to Mexico, India, China and other places. The companies who outsourced these jobs are still in business but their employees don't pay taxes to the USA and we have created millionaires in other countries at the expense of Americans.

A new day has dawned, but for many it is too late.