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Monday, June 13, 2011

The hidden costs of dirt-cheap money

Yup! That is right, we are paying for the corporate bail outs. You know the companies and banks that are too big to fail. Those guys. Great to be working for them as well. Great bonuses paid. Then, it is great that one of the CEOs of the companies saved by the government (of course really by the taxpayers), had the guts to recommend that gasoline taxes be increased on the taxpayers by $1/gal. Naturally, that is only to help save the economy. With news like this, who in their right mind would be spending. One has to be very careful, given the government does not know what it is doing and what they are doing are screwing things up. Like Bush said, "how did we get here". Hey, those guys in government still have not figured that out, in fact have messed it up more so, making the correction, which will come much more painful. So, tighten up and get ready, the costs of the running away government spending, will be collected.
The hidden costs of dirt-cheap money - The Globe and Mail

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