Why should we bail out Wall Street? These are the guys that got us into trouble, right? But we're all in the same boat, and the boat is sinking. So everybody has to do the bailing, When we get back to shore, we can fire the captain -- but first we have to get back.
And while there's a lot of pain to go around, it isn't just the fincincial whiz kids who deserve to feel it. A lot of people benefited from the air in the bubble. Remember, just about everyone's property values have gone up. A lot of stockholders have done very well. Families are living in houses thanks to loans they shouldn't have qualified for. The shame is that they needed to get loans they couldn't qualify for to pay the outrageous prices in the first place --but that's water under the bridge, just co continue with our nautical theme here.
The Iraq war is a very similar situation. President Bush will leave office with a mess that others have to clean up. We all want to walk away from it, because we didn't create it. But it wasn't just Bush that made the mess -- he had lots of help. From most of us, in fact. Barack Obama can boast all he wants to that he didn't contribute to it, but even he recognizes we have to clean it up.
Saddam Hussein was largely our mess -- we armed him in the early days as a defense against Iran. Osma bin Laden was once the darling of the West when he was fighting the Russians in Afghanistan.You can't just demonize one or two people. Devils tend to travel in packs, which is why they said their name was Legion in the Bible.
I've always been of the opinion that the bad guys always get what's coming to them, though it's usually not as soon as I'd like. I may not even be around to see it. In the meantime, we all just have to get out our bailing cans and keep dipping. That's the only way we're going to keep from being shark (or barracuda?) food.
There, now I've said it.
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