*Crosstalk Today*
Nov 19
The always fascinating Andrew Gause is with us on Crosstalk today to discuss Bailout Madness. Listen live here, 2pm Central. Cities want federal money because they can’t make budgets. States want a bailout because they can’t make their budgets. (But our state can afford to fund Planned Parenthood…) Insurance companies now want bailouts. The big three automakers are on their knees in Washington begging for money. Meanwhile, the printing presses at the Treasury are running night and day to provide enough cash. And oh, yes, there’s the gazillion dollar deficit already in place from the Katrina bailout, the endless war in Iraq, and so forth and so on. This is what happens when economics classes are not required in schools, or rather, when economics classes are taught by socialists. Americans moronically think you can just have the feds keep printing money and take care of everybody’s bad mortgages, everybody’s credit card debt from pizzas they ate 5 years ago, etc. OK, brilliant Americans, where do you think this money is coming from? The money is going to come from…YOU, taxpayers.
