Sunday, November 16, 2008

Put on the Brakes

I've written previously about my stance on these government bailouts and how they're being handled, and I see no reason to revise those earlier positions.

But I do see a need to stop all this now before we waste anymore money on this Administration and it's utter incompetence.

While we continue to stress the importance of immediate action to save various industries around the country (believe me, the auto industry is the tip of a rather large and looming iceberg), and while many rightly call for sufficient oversight and regulation for those taxpayer dollars, we seem to be missing a central problem in all this mess: we're asking it of the Bush Administration.

The next perilous two months will be a waste of money if we're asking this government to do it. Ironically, we demand that the auto industry fire its upper management in order to get this money, but we fail to realize that the people replacing those management folks, or at least overseeing them, are the same people who allowed Katrina to devolve, who turned the Iraq War from a mess to a catastrophe and the same people who've bungled everything from education to economics to torture. How can we possibly justify that?

There's no doubt that we're headed off a steep cliff, but I'd at least like to be driven by someone with their eyes pointing forward...

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