Posted On: March 30, 2009, 2:08 pm CDT

Posted By: Peon Agent

I really don't understand all the angst and gnashing of teeth, especially by the Republicans and Democrats that supported the bailout. Really? You're outraged?

If the company was truly too big to fail, and if we wanted to invest billions of dollars to save it, then what's wrong with honoring the contracts that were in place? We wanted that company to continue doing something that we obviously thought they were doing well enough to save. Right?

Now, I happen to be one that believed it was the wrong idea to bail them out. It goes back to simple economics (or simple parenting skills, however you want to relate) Rewarding bad behavior does not encourage good behavior - EVER. But, the government did it for the greater good, if you will. Now, after scrambling to make sure the company didn't fail, and becoming 80% shareholders, where we are all waiting for this good investment to pan out and pay us all dividends, now we want to shake all the fruit off the tree, scorch the ground it's planted in, dig up the stump, and toss it into yesterdays landfill.

Brilliant!

The intelligence of the public today is simply outstanding.

If AIG was going to fail, we should have let them fail. The exec's would have all lost their bonuses and lost their jobs, the taxpayer would not only have saved the 180 Billion directly invested, but probably the Trillion we've ended up spending for similar foolishness, and other companies would have filled the economic void and guess what, the world would NOT have ended. Maybe a little tempoarary pain, but I'll bet it would not have been as much as we've given to our children and grandchildren now.

But, we didn't. We invested. If that was a worthy investment, why are we trying our best, as a government, to scorch the ground we invested into? Lunacy, that's all that can be said. And, if anyone saw Geitner's interviews this weekend as he tap danced all around the scenarios, with his dainty hands waving in the air, it was really quite comical ...except for the fact that this is our leadership in action.

As the circus man so profoundly stated years ago, there's a sucker born every minute, and we as a nation don't seem to think there's any reason to realize that fact.

Just great,