Ubi Est Mea?

I always knew that it's easier to get a loan from a bank for $800 million than $800, but I didn't realize, until know, that the bar was set so low to get $800 billion from our government.

That a decision precipitated by fear and panic led to putting $800 billion dollars under the sole direction of a couple of individuals, whose roots are established in the financial sector, is preposterous. It is a classic example of the fox guarding the henhouse, but with the added dimension of sticker shock.

Implementation of this plan was heralded as being necessary to both prevent an economic meltdown and protect the interests of the taxpayers. But, it seems "bait and switch" occurs not only with fly-by-night Internet merchants, but at the highest levels of our government. The taxpaying public can now rest assured knowing that a large part of the $800 billion will go into that terrestrial black hole, commonly known as the stock market.

When one considers that the combined wealth of the individuals on the US Forbes 400 list is slightly more than the $800 billion that is being squandered, it brings this fiasco into a different light. Imagine the creativity, hard work, dedication and time required by those individuals and their organizations to create that wealth.

And we will kiss it goodbye in one fell swoop...

It brings back memories of that famous line uttered by Al Pacino in Dog Day Afternoon - 'nuff said.

Bailout Nation...