Wall Street Breakfast: Must-Know News [View article]
A few years ago, if someone had told me that the govt will loot productive taxpayers to pay egregious bonuses to wealthy bankers, who are so idiotic that they cannot manage their own business on a sound basis, I would have thought they were joking.
But the bad joke has come true, and keeps getting worse, because now we appear set for an endless subsidy from productive Americans to all irresponsible consumers of houses, autos, vacations, etc, just to maintain an ecologically disastrous level of unmerited, immoral, and destructive over-consumption.
This process is endless and feeds on itself, and will snowball as more people discover that they can simply consume things without paying for them. Unless the madness is halted, and soon, the collapse in public morality and responsibility will become irreversible.
Wall Street Breakfast: Must-Know News [View article]
But the bad joke has come true, and keeps getting worse, because now we appear set for an endless subsidy from productive Americans to all irresponsible consumers of houses, autos, vacations, etc, just to maintain an ecologically disastrous level of unmerited, immoral, and destructive over-consumption.
This process is endless and feeds on itself, and will snowball as more people discover that they can simply consume things without paying for them. Unless the madness is halted, and soon, the collapse in public morality and responsibility will become irreversible.