Fat Cats Are Fat Cats

How is it that the richest country in the civilized world can be experiencing such financial upheaval? Is it the greedy corporations, the corrupt politicians, the subversive communists, or the malevolent terrorists that have brought us to this point? Maybe it's a combination of them all! Maybe, but whenever I point my finger at someone else, I have three fingers pointed back at myself.

I am guilty because I am living on borrowed money just like our government, and I am demanding more services and considerations. The politicians respond to my demands by borrowing more money to give out the candy that we all want. Now that the economy is in a wreck, the conventional wisdom looks likes absurd foolishness. Borrow and spend sounds no better whether it is the government doing it or the individual. This house of cards has begun to fall and repairing it is a temporary fix at best.

Instead of demanding the government bail us out, we need to demand that the govenrment be fiscally responsible. Why? Because the goverment's source of income is your income. Every program, department, bailout, etc. begins with what Washington takes from our paychecks. The more that is taken from us, the less there is for us--to pay our debts, to fund our retirement, to send our kids to college.

Much is said about the greedy CEO's and Wall Street types that have drained businesses of billions of dollars. Yet little is said of the greedy, power hungry senators and representatives that have drained the American people of billions of dollars. Fat cats are fat cats. The one distinction is that business moguls have to provide a service or product to earn your money. You voluntarily surrender your money in return for what is offered. Government moguls whimsically decide that more money is needed to fund a pet project then pass a law that allows them to involuntarily take your money in return for nothing.

Once we decide as a nation that we can no longer live the high roller life style, we will stop those in the goverment from doing the same. Think about it, not only do we have to pay the freight for our own excessive living, we also have to pay for the overspending of an out of control government. If we are not careful, the politicians will bankrupt us all.