The next 'bailout'?

First, the banks (and that one worked out real well didn't it?), now the auto industry. I can't help but wonder...how exactly, will throwing cash at the auto industry help them? Perhaps they can pay their bills for a month or two more...then what? It's not like they are going to magically start selling cars in a weak economy again. Maybe the unions are going to outlaw the unions that have been bleeding the automakers dry for decades...right, that's going to happen too, right?

So how? I'll tell you how. They are going to start sending them money...with strings attatched. #1 string, they will not be able to lay anybody off (union jobs saved). #2 string, the government will want concessions on how the automakers are to do business in the future. To do this, they will insist on stock transfer to government 'safe holding'. Once again, government ownership of private business. First the banks, now the automakers. Who is next?

So, let's play a little game. Who will be the next bailout victim...er, I mean, beneficiary? Drug makers? Airline industry? Trucking? The railroads? Ahhhh...the railroads...Anybody read Atlas Shrugged?

Next question: Where is the money coming from? Come on...we all know the answer to this don't we? All together now... we the taxpayers. How long do you think the money will hold out? When will the taxpayers be bailed out? Oh, that's right, they are talking about another 'government stimulus package'. Where is that money coming from? Will Obama instruct the Treasury Department to start printing more of it? Be prepared for hyper-inflation. Don't know what that is? Google it.

Stay tuned boys and girls. The toilet has been flushed, and there is a hole in the Tidy-Bowl man's boat.