Tuesday, December 16, 2008

The Bank Job

I ran across this news story a few weeks ago. I bookmarked it in Firefox with the intent to discuss it here. I'm getting around to it now.

I applaud Mr. Brady Adams for continuing to succeed in tough times by doing things the way that they should be done. I also join with him to decry this rampant spending by our federal government on businesses which falter because of greed, ineptitude, irrelevancy and downright stupidity. I mean, if one loans a crackhead fifty bucks with the expectation of repayment, I expect at least one of the two to be disappointed (if not both - I hear good crack is hard to come by these days). It's one thing if the loan is charity. It's another thing entirely if my fifty bucks is eminent-domained out of my wallet and given to the aforementioned crackhead with the promise of both repayment and rehabilitation.

Congresswoman Pelosi, please stop swinging your gavel like it's a hammer at a Habitat for Humanity building site.

http://www.foxbusiness.com/story/markets/industries/finance/small-banks-refuge-credit-crunch/

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