Monday, March 23, 2009

Bailing out a Boat with a Hole in the Bottom!

Somehow the government hasn't figured out that you need to plug the hole that the water is flowing through before you start bailing out the boat. In this case it's cash being thrown back into the system, but they haven't plugged the leaks that keep cropping up, and frankly, I see our Washington bureaucrats running amok with wads of cash trying to shore up a sinking ship that keeps leaking more and more.

Obama brought aboard a team of tax evaders and welcomed them with open arms. For God's sake, one of them he even appointed head of the Treasury Department, the people that run the IRS and tax collection! Gaithner didn't pay self-employment tax and the so-called nanny tax, and the IRS even forgave him penalties. How nice, and how unlikely that same scenario would happen to other Americans who are dogged for a few bucks when they make an honest mistake on their tax forms?

An even more disgusting move shows up on TV nightly with actors (I presume in lieu of the actual miscreants) bragging about how they owed the IRS tens or hundreds of thousands of dollars or even millions, and were able to get off by paying little. One brags they owed over a million and payed a tenth of that amount. WTF? And the ordinary guy owes a few hundred and gets slapped with fines and penalties and feels like a criminal? No wonder we're in such deep crap. We're bailing out everyone and Washington gives the nod to doing it. I can understand the logic of "not getting blood from a stone" but to let people get behind a million dollars and then accept pennies on a dollar as a settlement? Where's the watchdogs?

And guess what folks? YOU are paying what they didn't pay! Their free ride, just like the illegals, welfare recipients, AIG execs and the rest of the no-loads is on YOU!

Your taxes will increase exponentially as the administration goes into overdrive giving your tax money away. Many of us won't live long enough to see the eventual bankruptcy of our system, or maybe we will. But our children and grandchildren will. What a helluva legacy to leave them, debt that can never be paid back and a government that runs everything like a socialist republic. Not that it starts off that way but when you have everyone in "programs" it will end up that way.

And we fought and died to get this far, just to watch it all go down the tubes in a short time. Pessimistic? Yup. With a glimmer of optimism that some politicians will stop the madness before we self-implode.

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