Today is the two-month anniversary of the huge emergency bailout that was absolutely critical to avoid imminent catastrophe. However, they have not even used half of it yet, and they have spent the first half mostly in places other than where promised. (And when I say "where promised", I mean "where the law directs".)
As much as I am disappointed by widespread support for government overreach, it is good to hear widespread applause when Cody Willard pointed out the flaws in this whole bailout mess. The best and most informative part is the 2 minutes from 3:30-5:30: "Last weekend we we sent more money to Citigroup, one company, than the entire budget for food stamps in this country every year." I've never heard of Cody before today, but it looks like he is worth watching: in a recent post, he points out how our current government "destroys the rule of law". Very true. And I hope that understanding is spreading.
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