Bailout largess

This U.S. Government bailout of the financial industry just keeps on getting worse.

First, they were supposed to be buying up mortgages from companies that never should have extended credit to people who never should have applied for loans all because someone in some boardroom somewhere on wallstreet decided they could make a buck at it.

Then it morphed into a well of money for insurance carriers and now appears on the edge of giving the big three automakers a line of credit they do not deserve.

The bottom line is, these companies need to be held responsible for their own actions. If you make mistakes in business, you fail. Period. The U.S. Government does not have a responsibility to bail out every company that has screwed up due to inept management and wasteful spending.

Now, we are faced with Secretary Paulson changing the rules midgame. It is time to put an end to this nonsense. No more money, no more bailouts, no more Paulson.

The largess udder has dried up, and its time for those in Congress, Bush and Obama to realize that they only way to improve this, is to let this run its course. Obama on the other hand wants to be the "Saviour" and "save America".

The question is, who is going to save America from the Obama bailout?