Thursday, December 25, 2008

No Moral Authority

It boggles the mind to contemplate banks -- that would have gone bust, unable to meet their obligations, had they not gotten taxpayer funded bailouts -- demanding that their borrowers, who funded but didn't receive any bailouts, meet their obligations.

The appropriate response to such demands: "Who the hell do you think you are? F _ _ CK YOU!
" (However, do this courteously and with kindness. The person calling is a low level or perhaps even hourly contract employee -- not one of the executives who shared in the $1.6 billion in bonuses that the banks paid with the taxpayer bailout funds our rulers bestowed on them.)

And the automakers getting taxpayer funded bailouts deserve the same response when they try to get you to buy one of their products. They and their products should be shunned.

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