Good morning: With the governments announcement that they will be bailing out Citigroup, I have to wonder where's my bailout. Obviously, I'm just kidding. I don't expect one; I expect to make it on my own. Besides, I'm a small fry. Only the big entities get government subsidies.
I have to wonder about all this government bailout stuff. I read today on www.ml-implode.com that the big builders are going to look for help next. My question is when will it all end? And where is all this money going to come from? Somehow I wonder if we, the taxpayer, won't be paying for it during our lifetime. I know they're selling it as having a great rate of return. The problem I'm having is the numbers just seem to be getting larger.
I was talking with my wife yesterday and she was talking about how her mother, who doesn't drive, has started setting appointments for every Monday because she knows it's my wife's day off. I told my wife, because she is increasingly frustrated having to give up Monday, that she needed to talk to her mother about setting limits. That is, she can take her mother on her errands once or twice/month on a Monday. But not every Monday. The reason I'm telling you this is because I believe the government is going to have to start to say the word no. Everyone and everything needs limits. Otherwise, I'm not sure we'll ever make it to the other side.
I'm curious as to your thoughts on this whole bailout idea. It seems to have created a life of its own. Have a great day!
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