Politics at its best - Rewarding Bad Behavior
It just amazes me to watch the government REWARD bad behavior. Time and time again, they say that we are headed for doom, if we don't fix this economic crisis. Well, all you got to ask first, is how did we get here? The sun, the moon, the tide, no, POOR decisions and incompetent behavior. Yeah, one or two may be bad luck, but since when do reward bad behavior with more of the same?
I couldn't have said it better myself.. Its giving to the incompetent from the competent. Here is a great quote from Jim Rogers, one of the world's most prominent international investors:
"Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt," said Rogers, who is now a private investor."What is outrageous economically and is outrageous morally is that normally in times like this, people who are competent and who saw it coming and who kept their powder dry go and take over the assets from the incompetent," he said. "What's happening this time is that the government is taking the assets from the competent people and giving them to the incompetent people and saying, now you can compete with the competent people. It is horrible economics."
Our mother wouldn't be proud. But I guess thats what you get when the country is really run by the rich, the string holders of the politician puppets.
Bottom line -- Politics is making your motives LOOK like everyone else's desires.
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