Finally! Someone says 'MMMM, Let's talk a look at this...'

Well, the GOP finally grew a set and said to hold up a bit on voting for the release of the next $350B in funding for the bailouts. I do like the line used in the letter sent to Barney Frank (lead asshole on the finance committee) - "Karl Marx famously observed that history repeats itself, first as tragedy and then as farce,". Ol' Barney has been bitching, along with everyone else, that the banks don't want to show what they've spent the money on so far (probably bonuses, parties and hookers). Well, when you give them a whole bunch of money with no preconditions or oversight, what do you think they're going to do? You've now got a bunch of sailors with a wad of cash in their pockets, nothing in particular to do and they're in Singapore! What results do you think you'll get, anything good? Hell, no! Anyone who rammed this bailout through via the scare tactics that were used should be jailed, or at least sat down in the corner with a dunce hat on. I still say, if a company (or bank) isn't making it, it's time to sell them off to someone who can make it work. LET THEM FAIL. The bailout is the most expensive example of attempting to polish a turd! In the end, the same screwups will still be in their corner offices and doing the same stupid crap which in the end is going to require another bailout. I actually heard an economist on the news the other day explaining that the overall debt ratio to GDP is less than what it was during World War II and that it is sustainable. Just because something is sustainable, doesn't make it ok. Just because I can sustain my credit card payments at the minimum payment, doesn't make it a good idea. What if I don't get that bonus I was hoping for or I suddenly need money for something else. Whooops, I'm screwed. This country is in the same boat and the principles are exactly the same. At some point, you'll finally have to admit that it's not going to work when everything falls apart. I think it's time we did start holding politicians feet to the fire and not just at election day. This bailout is exposing total incompetance at all levels. I say, just let me have a whack at fixing things. I won't be nearly as expensive and I can piss money away with the best of them. I'm getting another cup of coffee and walking around the office now, I'm so miffed.